The Alberta government is announcing how they are issuing the six $100 affordability payments for eligible Albertans today, as part of the Affordability Action Plan.
The payments are designed to take the bite out of inflation for seniors and caregivers of children under 18.
The first installment of the affordability payments is expected to begin as early as January 31st.
“As we all know, rising prices are putting pressure on household budgets, making it harder for families to pay their bills,” said Mark Amery, Minister of Children’s Services.
“Alberta’s government refuses to allow children to pay the price of inflation. The inflation relief payment will help reduce some of the financial pressures on Alberta families so that all parents, including foster and kinship caregivers, will not have to choose between buying food and paying bills.”
Eligible Albertans are being asked to apply for the money starting January 18th through a government of Alberta web portal using their My Alberta Digital ID.
The payments will be delivered by cheque through the mail, or by direct deposit to applicants who already receive direct deposits from the province.
To be eligible, you must have earned less than $180,000 in the 2021 Tax year.