Learn about the Yukon's carbon rebate

Eligibility

You're eligible for a rebate if you:

• file a Yukon income tax return for the year prior to the current carbon rebate year; and
• are 19 years or older.

Carbon rebate year

July 1 to June 30

How much will you get?

2024–25 carbon rebate year

You will get:

• $310 total if you live in Whitehorse; or
• $372 total if you live outside of Whitehorse. The remote supplement increases your rebate payment by 20%.

Payments follow the schedule below.

2023–24 carbon rebate year

You will get:

• $372 total if you live in Whitehorse; or
• $409.20 total if you live outside of Whitehorse. The remote supplement increases your rebate payment by 10%.

Payments follow the schedule below.

How you'll get your rebate

The Canada Revenue Agency (CRA) administers the rebate for Yukon individuals.

The CRA provides payments via cheque or direct deposit. Information provided on tax returns is used to determine the payment method.

If you're eligible for the GST/HST credit, your carbon rebate payment will be combined with your GST/HST credit payment.

To reduce administrative costs, 1 payment will be made per family. 

Individuals with dependent children

Your payments will include a full rebate for each dependent child.

Married and common-law partners

The 1st person to have their tax return processed will receive both rebates.

Apply for a rebate

You do not need to apply for the rebate.

If you file a Yukon income tax return as a resident of the Yukon, you're automatically applying for a rebate. The CRA uses information from your return to determine your eligibility.

Rebates in previous years

The rebate for years prior to 2024–25 included proceeds related to home heating oil. Home heating oil became exempt from carbon pricing on November 9, 2023.

Eligibility

Your company is eligible for the general business rebate if it:

• is a Yukon business;
• files a tax return in the Yukon; and
• has not applied for a placer or quartz mining rebate.

General business rebate

The general business rebate is issued as a refundable credit. The rebate is assessed through your tax return and administered by the Canada Revenue Agency (CRA).

Corporation

Corporations can claim the rebate on their T2 corporation income tax returns.

Unincorporated businesses

Individuals operating an unincorporated business can claim the rebate on their T1 income tax returns.

Trusts

Trusts may be able to claim the rebate on their T3 income tax returns. See the T3 Trust Guide (Canada.ca).

How is the credit determined?

Businesses receive a credit based on the value of eligible Yukon assets.

Clean technology assets that reduce fossil fuel consumption are eligible for a Super Green Credit.

This credit is significantly higher than the credit for buildings and other types of equipment.

Eligible Yukon assets

Eligible Yukon assets are divided into 3 categories based on the Capital Cost Allowance (CCA) class as follows:

• Buildings: classes 1 and 3
• Equipment: classes 10, 10.1, 13, 16, 22, 28, 29, 38, 39, 40, 43 and 53
• Assets eligible for a Super Green Credit: classes 43.1, 43.2, 54, 55, and 56 

See an explanation of all the capital cost allowance classes.

How much will you get?

The rebate for years prior to 2024–25 included proceeds related to home heating oil. Home heating oil became exempt from carbon pricing on November 9, 2023.

Super Green Credit for businesses

The Super Green Credit supports your business as we transition to a cleaner economy. To further encourage future investments in clean technology and equipment, eligible assets have now been expanded to include (but are not limited to):

• zero-emission vehicles 
• electric vehicle charging stations
• air-source heat pumps
• pumped hydroelectric storage equipment

Eligible assets are listed under CCA classes 43.1, 43.2, 54, 55 and 56. For details see classes of depreciable property on the Government of Canada website or seek professional advice.

The full list of eligible assets is available in Schedule II of the federal Income Tax Regulations.

You may also be eligible for a Good Energy rebate for your energy efficient choices.

Starting January 1, 2023 there is a new rebate for mining businesses. This replaces the previous rebates for placer-mining and quartz-mining operations.

Eligibility

Your mining business is eligible for the mining business rebate if it:

• is a Yukon business;
• files a tax return in the Yukon;
• conducts substantially all of its mining activities under a valid class 4 placer mining land use approval or a valid quartz mining licence issued under section 135 of the Quartz Mining Act.

How to get the mining business rebate

The Canada Revenue Agency (CRA) administers the mining business rebate and it is assessed through your tax return. The mining business rebate is issued as a refundable credit. 

Corporations

Corporations can claim the rebate on their T2 corporation income tax returns.

Unincorporated businesses

Individuals operating an unincorporated business can claim the rebate on their T1 income tax returns.

How is the credit determined?

Mining businesses receive a credit based on the value of eligible Yukon mining assets.

Clean technology assets that reduce fossil fuel consumption are eligible for a Super Green Credit.

This credit is significantly higher than the credit for buildings and other types of equipment.

Eligible Yukon mining assets

Eligible Yukon mining assets are divided into 2 categories based on the capital cost allowance (CCA) class as follows:

• Buildings and equipment: classes 1, 3, 10, 10.1, 13, 16, 22, 28, 29, 38, 39, 40, 41, 41.2, 43 and 53.
• Assets eligible for a Super Green Credit: classes 43.1, 43.2, 54, 55, and 56. 

See an explanation of all the capital cost allowance classes.

How much will you get?

The January 1 to March 31, 2023 values are special transitional amounts available for businesses whose taxation year-end occurs between January 1, 2023 and March 31, 2023. This ensures that all eligible mining businesses can claim the mining business rebate in 2023 no matter when their year-end occurs.

The April 1, 2023 to March 31, 2024 amounts apply for businesses with year-ends between April 1, 2023 to March 31, 2024.

Super Green Credit for mining businesses

The Super Green Credit supports your mining business as we transition to a cleaner economy. It also encourages future investments in clean technology and equipment.

Eligible assets are listed under CCA classes 43.1, 43.2, 54, 55 and 56. This includes:

• zero-emission vehicles (classes 54, 55 and 56); and
• electric vehicle charging stations (classes 43.1 and 43.2).

Find more tax savings and the energy technical guide for CCA classes 43.1 and 43.2 on the Government of Canada website.

You may also be eligible for a Good Energy rebate for your zero-emission vehicle or electric vehicle charger.

Exploration companies

Operations that do not meet the licensing requirements for the mining rebate may be eligible for the general business rebate.

Rebates qualify as income

You must report your rebate as income on your tax return.

You cannot claim both the general business rebate and the mining business rebate for the same assets.

Rebates for First Nations governments

First Nations governments receive a rebate by March 31 each year. It covers the period from April 1 of the previous year to March 31 of the current year.

Rebates for municipal governments

Municipal governments receive a rebate by April 1 each year. It covers the previous fiscal year.

The current federal price on pollution is $80 per tonne of carbon dioxide equivalent (C0₂e) emissions.

The federal price on pollution will rise by $15 per tonne on April 1 each year until it reaches $170 in 2030.

Fuel charge rates

As of April 1, 2024, the federal fuel charge rates are:

• gasoline 17.61 cents per litre;
• light fuel oil (diesel) 21.39 cents per litre; and
• propane 12.38 cents per litre.

See the Yukon’s fuel charge rates for 2023 to 2030. Look under Table 2.

Heating oil is exempt from the federal fuel charge from November 9, 2023 to April 1, 2027.

Exemptions

Federally exempt industries include:

• commercial fishing; and
• agriculture.

Negotiations with Canada since 2016 also resulted in targeted relief for:

• aviation fuel in the territories;
• diesel for electricity generation in remote communities; and
• partial relief for greenhouse operators.

Register for a fuel-charge program or exemption certificate

Carbon pollution pricing is a federal initiative. Visit Carbon pollution pricing for information on:

• registering for the federal fuel-charge program; and
• exemption certificates.