British Columbians can count on some extra help through another B.C. Affordability Credit in their bank accounts this April.
Approximately 85 percent of British Columbians will receive an additional full or partial payment as early as April 5, 2023, in the same way they received January’s B.C. Affordability Credit.
The April payment will provide as much as $164 per adult and $41 per child, or approximately $410 for a family with two children.
This credit is the most recent in a series of cost-of-living measures announced since fall 2022.
These include capping rent increases, supporting families with back-to-school expenses, delivering a B.C. Hydro cost-of-living credit, and freezing ICBC rates for two years.
Other supports include three enhanced B.C. Family Benefit payments in January, February and March 2023, which are providing as much as an additional $58 per child each month, and reaching more than half a million children annually in B.C.
The B.C. Affordability Credit is one of the ways government is helping people with today’s cost of living challenges as a result of global inflation.
The credit is paid with the Climate Action Tax Credit through the Canada Revenue Agency.
Individuals receiving the B.C. Affordability Credit will get an average of approximately $160 through each credit.
Families with two adults receiving the credit will get an average of $255.