$200 Payment Will Be Sent to Every Eligible Taxpayer and Child Across the Province
January 20, 2025
BEAMSVILLE – The Ontario government has begun issuing $200 taxpayer rebates to provincial taxpayers, as well as each of their eligible children, to help address the high cost of the federal carbon tax and high interest rates, with cheques set to reach families over the coming weeks.
"Our government is keeping costs down and putting more money in the pockets of taxpayers and families in Niagara," said Sam Oosterhoff, MPP for Niagara West.
"This provincial rebate will provide needed financial relief as high interest rates and rising cost of the federal carbon continue to put financial pressure on personal budgets."
"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 Hon. 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."
The cheques are being mailed to all Ontario residents who are eligible for the taxpayer rebate. To qualify for the rebate, recipients must have been eighteen years of age or older and a resident in Ontario on December 31, 2023, not be bankrupt or incarcerated in 2024, and have filed a 2023 Income Tax and Benefits Return by December 31, 2024.
Families who qualify for the Canada Child Benefit payment will also receive a separate cheque totalling $200 for each eligible child under age eighteen. For example, an eligible family of five with two adults and three children will receive $1,000.
Ontarians can monitor the status of the cheques they are eligible for online.
Quick Facts:
The Ontario government has acted early to make life more affordable with actions totalling $11.9 billion for families and individuals in 2024-25. From housing to postsecondary education to transportation, the government is helping keep costs down for essentials for Ontario families while making the province an affordable and competitive place to live and work.
The taxpayer rebate payment for children is being made to the person(s) who receives the Canada Child Benefit in respect of the child. In the case of shared custody of a child, payments would be split based on the most recent Canada Child Benefit available.
For families with children who did not receive the Canada Child Benefit for 2024, the government will provide an opportunity for a taxpayer rebate payment of $200 per child. Details to be shared in the coming weeks.
- In December 2024, S&P Global upgraded Ontario's credit rating, providing the government a second upgrade in half a year. An improvement of a government's credit rating is a positive reflection its fiscal management.
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