CANADA CAI/IAC

Learn about the "Canada Cai/Iac" charge and why it appears on your credit card statement.

First seen on November 2, 2022, Last updated on November 3, 2022

What is it?

"The Climate action incentive payment (CAIP) is a quarterly payment. The first CAIP payment you received in July 2022 included the first two payments in the year combined, meaning April and July 2022. Your subsequent CAIP payments for October 2022 and January 2023 will be lower as they do not include a retroactive payment such as July."

https://www.canada.ca/en/revenue-agency/services/child-family-benefits/cai-payment.html

Can you help? What is this charge?

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Also Appears on Statements As

  • CHKCARDCANADA CAI/IAC
  • CHECKCARD CANADA CAI/IAC
  • POS Debit CANADA CAI/IAC
  • POS PUR CANADA CAI/IAC
  • POS PURCH CANADA CAI/IAC
  • POS PURCHASE CANADA CAI/IAC
  • POS REFUND CANADA CAI/IAC
  • PRE-AUTH CANADA CAI/IAC
  • PENDING CANADA CAI/IAC
  • Visa Check Card CANADA CAI/IAC MC
  • Misc. Debit CANADA CAI/IAC
  • CHKCARD CANADA CAI/IAC