why are we getting $200 from the government

why are we getting $200 from the government

2 hours ago 2
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The $200 payment from the government is a taxpayer rebate issued by the Ontario government in early 2025. This rebate aims to provide immediate financial relief to residents amid high living costs due to the federal carbon tax, high interest rates, and general inflation. It is a one-time payment of $200 for each eligible adult taxpayer, plus an additional $200 for each eligible child in the family. This initiative intends to help households manage expenses and offset economic pressures while the government retains prudent fiscal management. Eligibility requires being an Ontario resident at the end of 2023, having filed 2023 income taxes by the end of 2024, and not being bankrupt or incarcerated in 2024. The rebate is distributed by cheque only.

The Ontario government announced this measure also in the context of providing visible support to taxpayers, with the physical cheque deliberately issued to strengthen the association of this relief with the provincial government. It is expected to cost around $3 billion and covers roughly 15 million adults and 2.5 million children in Ontario.

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