Ontario Trillium Benefit (OTB) Payment Coming in Dec 2024: How Much You Can Receive?

Ontario Trillium Benefit (OTB) Payment Coming in Dec 2024: How Much You Can Receive?

The Ontario Trillium Benefit (OTB) is designed to assist low- to moderate-income Ontario residents with essential expenses such as energy costs and property and sales taxes. This financial support is issued monthly and combines three provincial tax credits:

  1. Ontario Energy and Property Tax Credit (OEPTC)
  2. Northern Ontario Energy Credit (NOEC)
  3. Ontario Sales Tax Credit (OSTC)

The Canada Revenue Agency (CRA) administers the payments on behalf of the Ontario government.


Eligibility Requirements

To qualify for the OTB, you must:

  • File your income tax return for the previous year (e.g., your 2023 return for 2024 payments).
  • Reside in Ontario.
  • Meet the eligibility criteria for one or more of the three credits:
    • OEPTC: You must have paid rent or property tax on your principal residence, or lived in a long-term care facility.
    • NOEC: Applicable to residents of Northern Ontario who incurred higher energy costs.
    • OSTC: Targets relief for sales tax paid by individuals or families.

If eligible, payments for 2024 began on July 10, 2024, and continue monthly on the 10th of each month until June 2025. Individuals eligible for annual amounts of $360 or less receive a lump sum in July.


Payment Details for December 2024

Here are the approximate maximum monthly benefits you could receive based on eligibility:

  • OEPTC:
    • Up to $104 for individuals aged 18–64.
    • Up to $118.41 for seniors (65+).
  • NOEC:
    • Up to $15 for singles.
    • Up to $23.08 for families in Northern Ontario.
  • OSTC:
    • Up to $30 for each family member, including yourself, your spouse/common-law partner, and dependents.

The exact payment amount depends on your household income and specific eligibility for each credit.

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How to Apply

You must apply for the OTB when filing your annual income tax return. Be sure to complete Form ON-BEN, which calculates your eligibility for the OTB and related grants like the Ontario Senior Homeowners’ Property Tax Grant.


Next Payment Date

The upcoming OTB payment date is December 10, 2024. If the 10th falls on a weekend or holiday, payments are issued on the last business day before the 10th.

For more details on eligibility and calculations, visit the Ontario Trillium Benefit page on Canada.ca.

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