Combating Inflation with Alberta’s Affordability Payments Program
On December 21, 2022 the Lieutenant Governor in Council (O.C. 422/2022)
pursuant to section 35.09 of the Alberta Personal Income Tax Act made the Alberta Affordability Program Regulation.
The Alberta Affordability Program Regulation provides definitions about the “act” and “cohabiting spouse or common-law partner” along with the prescribed dates and periods, and the prescribed criteria that applies to the Alberta Affordability Program.
As part of the Affordability Action Plan, Albertans struggling with inflation and the high cost of living can apply for the Affordability Payments program until June 30, 2023. The Affordability Action Plan is a $2.8 billion new relief measure that will assist Albertans impacted by rising inflation and increasing costs. $600 affordability payments will help parents, seniors and vulnerable people with their daily living costs.
Families with household incomes under $180,000 can apply for $600 per child under 18. Seniors who have household incomes under $180,000 and do not receive the Alberta Seniors Benefit can apply for $600 per person. Anyone receiving monthly benefits through AISH, Income Support, Alberta Seniors Benefit or services through Persons with Developmental Disabilities (PDD) will automatically get their personal $600 payment, but will need to apply for additional payments if they have kids under 18.
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