Heads up, Ontarians! Keep your eyes peeled for rebate cheques landing in your bank account soon.
The $200 cheques will begin arriving for eligible recipients by the end of January or early February, a spokesperson for the Ministry of Finance told Now Toronto on Friday.
The provincial government announced in October that it would be providing eligible recipients with up to $200 to offset the cost of the federal government’s carbon tax.
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The Ontario government will also provide families with an additional $200 for each eligible child.
For example, a family of five with two adults and three children would receive $1,000.
“This $200 taxpayer rebate will give Ontario taxpayers, especially families with children, some much-deserved help so they can make ends meet.” Premier Ford said in a press release on Oct. 29.
In total, the rebate is estimated to provide $3 billion in support for approximately 12.5 million adults and 2.5 million children.
Those eligible for the tax-free rebate must be 18 years or older at the end of 2023; have been a resident in Ontario on Dec. 31, 2023, have filed their 2023 Income Tax and Benefit Return by Dec. 31, 2024 and not have been bankrupt or incarcerated in 2024.
