New Brunswickers will receive their first carbon tax rebate from the federal government this October.
The province announced in February that it would join the federal backstop and dump its own carbon pricing plan.
On Monday, the federal government unveiled more details on what this will mean for New Brunswick residents.
Ottawa will apply the federal backstop fuel charge in New Brunswick — and the other Atlantic provinces — on July 1.
Residents will pay 14.3 cents for every litre of regular gasoline, up from the current rate of 11 cents.
The first carbon tax rebate will come three months later in October as a double payment, followed by a single payment in January.
A family of four is expected to receive $368 in October and $184 in January for a total of $552.
Single adults will receive a total of $276, which breaks down to $184 in October and $92 in January.
Residents of small and rural communities are entitled to a 10 per cent top-up, but that will not come until 2024.
Our rebates will be lower than what families in other jurisdictions receive. Officials said that is because the main heating sources used in our province, such as wood and electricity, are not subject to the fuel charge.
Federal officials said most households will receive more than they pay through the carbon pollution pricing system, with low- and middle-income households benefitting the most.
New Brunswickers will have to submit a tax return in order to get the rebate.
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