Get ready for some exciting news! On December 10, 2024, residents of Ontario can expect the next installment of the Ontario Trillium Benefit (OTB). This much-needed financial support is especially crucial for those grappling with the escalating costs of living.

What is the Ontario Trillium Benefit (OTB)?

The Ontario Trillium Benefit is a vital program designed to support low- and moderate-income families by alleviating financial pressures associated with rising property taxes, energy bills, and sales taxes. The OTB consolidates three major provincial tax credits:

- Ontario Energy and Property Tax Credit (OEPTC) - Northern Ontario Energy Credit (NOEC) - Ontario Sales Tax Credit (OSTC)