B.C.'s carbon tax is rising on April 1, and so are the tax credits it funds.
Maximum payments for the climate action tax credit are increasing by about 10 per cent starting in July, according to the province. The tax credit, paid quarterly, is designed to help offset the impact of the carbon taxes paid by British Columbians.
A single person in B.C. will be able to receive up to $504, up from $447 in 2023, and if they have a child, they can receive $252, up from $223 last year. A married or common-law couple, can receive up to $756 combined, up from $670 last year.
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