Ontario is sending $200 rebate cheques to eligible taxpayers to help offset the rising cost of living, including the federal carbon tax and high interest rates. The cheques were promised by Premier Doug Ford last year to support families facing financial difficulties. To qualify, individuals must have been 18 years or older, a resident of Ontario on December 31, 2023, not bankrupt or incarcerated, and filed a 2023 Income Tax and Benefits Return by December 31, 2024. Families receiving the Canada Child Benefit will also receive a separate $200 cheque for each eligible child under 18.
The province has started issuing the rebate cheques that were promised by Premier Doug Ford last year to help offset the high cost of living , including the federal carbon tax and high interest rates.
“With Ontario families struggling due to the federal carbon tax, high interest rates and global economic uncertainty, our government is stepping up as part of our ongoing work to keep costs down and help families make ends meet,” said Peter Bethlenfalvy, Minister of Finance. “Our prudent fiscal management means our government is able to provide this critical support for families even as we continue to improve Ontario’s finances and invest in our world-class public services.
To qualify for the rebate you must have been 18 years or older and a resident in Ontario on December 31, 2023, not be bankrupt or incarcerated and have filed a 2023 Income Tax and Benefits Return by December 31, 2024. If you qualify for the Canada Child Benefit payment, you will also get a separate cheque totaling $200 for each eligible child under 18.If you have found a spelling error, please, notify us by selecting that text and pressing
Tax Rebates Cost Of Living Ontario Government Carbon Tax Canada Child Benefit
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ontario to Send $200 Cheques to Adults and $200 to Eligible ChildrenOntario is set to send $200 cheques to all adults and $200 to eligible children as part of a new cost-of-living initiative. The cheques, funded by changes to the capital gains tax, are expected to cost the government $3 billion and will be sent out in late January or early February.
Read more »
Ontario to Send $200 Rebates to 15 Million Residents in Late January or Early FebruaryOntario residents will receive $200 rebate cheques in late January or early February as promised by the provincial government. The rebates, announced in October, aim to alleviate the financial strain on citizens due to the high cost of living. Every taxpayer will receive a cheque, with an additional $200 for each eligible child. The program is estimated to cost the province approximately $3 billion and is funded by increased provincial sales tax revenue and other sources.
Read more »
Ontario Taxpayers to Receive $200 Rebate in Early 2025Ontario residents will receive a $200 tax rebate in early 2025 to offset the costs of the federal carbon tax and interest rates.
Read more »
Ontario group urges people to donate $200 rebate cheques to local charitiesOrganization 200dollars.ca is encouraging residents to donate their upcoming $200 rebate cheques to local charities, saying it could make a greater collective impact. Feed Ontario says they can produce two meals for every dollar donated.
Read more »
Ontario has started sending out $200 chequesThe Ontario government has started sending out $200 cheques to taxpayers in a move they say is aimed at addressing the high cost of living.
Read more »
Ontario Begins Sending $200 Taxpayer RebatesOntario is sending out $200 cheques to most adults who lived in the province at the end of 2023, filed their taxes, and weren't bankrupt or incarcerated in 2024. Parents also receive $200 per child under 18. The Ford government says this puts more money in people's pockets, but critics see it as a political manoeuvre.
Read more »