ontario trillium benefit

Ontario Trillium Benefit Dates & Eligibility 2023-2024

The Ontario Trillium Benefit (OTB) is a combined payment that includes the Ontario Energy and Property Tax Credit, the Northern Ontario Energy Credit, and the Ontario Sales Tax Credit. The annual entitlement for OTB is typically divided into 12 monthly payments.

Your 2023 OTB payments, which are based on your 2022 income tax and benefit return, will be issued on the 10th day of each month, beginning in July 2023.

Ontario Trillium Benefit Dates 2023

Here are the Ontario Trillium Benefit dates scheduled for 2023.

  • January 10, 2023
  • February 10, 2023
  • March 10, 2023
  • April 6, 2023
  • May 10, 2023
  • June 9, 2023
  • July 10, 2023
  • August 10, 2023
  • September 8, 2023
  • October 10, 2023
  • November 10, 2023
  • December 8, 2023
ontario trillium benefit

What is Ontario Trillium Benefit?

The Ontario Trillium Benefit, often abbreviated as OTB, is a financial assistance program in the province of Ontario, Canada. It is an amalgamation of the Ontario Energy and Property Tax Credit, the Northern Ontario Energy Credit, and the Ontario Sales Tax Credit.

The Ontario Trillium Benefit integrates three credits to assist in covering energy expenses, as well as sales and property taxes:

  1. Northern Ontario Energy Credit
  2. Ontario Energy and Property Tax Credit
  3. Ontario Sales Tax Credit

You may be eligible for one of the tax credits if you live in Ontario.

Ontario Trillium Benefit Eligibility

To be eligible, you must meet the following criteria:

  1. You must be a resident of Ontario as of December 31, 2022.
  2. At some point before June 1, 2024, you must meet at least one of the following conditions:
    • Be 18 years of age or older.
    • Have had a spouse or common-law partner, either currently or in the past.
    • Be a parent who currently lives or previously lived with your child.
  3. In 2022, you must meet one of the following additional conditions:
    • Rented or paid property tax for your primary residence.
    • Resided on a reserve and covered your home energy expenses.
    • Lived in a public long-term care facility (e.g., a seniors’ home) and contributed to a portion of your accommodation costs.

Northern Ontario Energy Credit 2023-2024

This credit constitutes a tax-free disbursement aimed at alleviating the increased home energy expenses encountered by residents of Northern Ontario, including those residing in the following regions:

  • Algoma
  • Cochrane
  • Kenora
  • Manitoulin
  • Nipissing
  • Parry Sound
  • Rainy River
  • Sudbury
  • Thunder Bay
  • Timiskaming

Northern Ontario Energy Credit Payment

For individuals who are single, the maximum amount that can be received is $172. On the other hand, families could be eligible for a maximum of $265.

OTB Credit PaymentFamily Type
Single$172
Families$265
Ontario Trillium Benefit

Ontario Energy and Property Tax Credit

This credit constitutes a tax-free disbursement designed to assist you with your property taxes and sales tax related to energy costs.

Ontario Energy and Property Tax Credit Payment

OTB Credit PaymentAge Group
$1,19418-64 years
$1,36065 years or older
$265if you live in public home care for long-term
$25if you live in a designated college or university
Ontario Trillium Benefit
ontario trillium benefit

Ontario Sales Tax Credit

This credit is a tax-free payment aimed at providing assistance to Ontarians with the sales tax that they pay.

Ontario Sales Tax Credit Payment

OTB Credit PaymentFamily Type
Single$345
Married or common-law partner$690
Per Dependent$345
Ontario Trillium Benefit

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In conclusion, the Ontario Trillium Benefit is a vital component of the financial assistance landscape in Ontario. Its combination of credits provides valuable support to those who meet the eligibility criteria.

By understanding how the program works and staying informed about its payment schedule, you can ensure that you receive the benefits you are entitled to.

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