No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, September 8, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Money

Ontario Trillium Benefit payment dates in 2026, and more about the OTB

by TheAdviserMagazine
8 months ago
in Money
Reading Time: 4 mins read
A A
Ontario Trillium Benefit payment dates in 2026, and more about the OTB
Share on FacebookShare on TwitterShare on LInkedIn


What is the Ontario Trillium Benefit? 

The OTB is the combined payment of three provincial benefits for Ontario residents. You need to be eligible for at least one of these three credits to receive the benefit.

Ontario Energy and Property Tax Credit (OEPTC): This tax-free credit applies to a portion of eligible Ontario residents’ property tax and sales tax on energy. Your OEPTC amount depends on several factors, including your age and marital status, as well as your energy costs, property tax or rent paid during the year. The maximum OEPTC is $1,461 for seniors aged 64 and older and $1,283 for other Canadians. 

The Northern Ontario Energy Credit (NOEC): This tax credit is available to eligible Northern Ontario residents and offsets the higher energy costs paid by those living in that part of the province. The NOEC amount you receive depends on many factors, including your adjusted family net income, your marital status and whether you have children. The maximum NOEC entitlement is $185 for single individuals with no children and $285 for couples and single parents. If you are a single individual with no children, the credit is reduced by 1% of your adjusted net income over $49,885. And if you are a family, the credit is reduced by 1% of your adjusted family net income over $64,138.

The Ontario Sales Tax Credit (OSTC): This is a tax-free payment to eligible Ontarians to offset sales tax. The OSTC provides a maximum annual credit of $371 for each adult and each child in a family. The amount received depends on your age and marital status. 

Although the OTB is funded by the province of Ontario, the Canada Revenue Agency (CRA) administers the program on behalf of the province. 

OTB payment dates for 2026

The OTB is issued on the 10th day of the month, every month. If that date falls on a weekend or statutory holiday, it will be issued for the last “working day” before the 10th. The OTB payment schedule (known as the benefit year) runs from July to June of the following calendar year, because payments are based on your previous year’s tax returns. 

The next 2025 OTB payments, based on your 2024 income tax return and issued in 2026, will be paid: 

January 9, 2026

February 10, 2026

March 10, 2026

April 10, 2026

May 8, 2026

June 10, 2026

The 2026 OTB payments, based on your 2025 tax return and issued in 2026, will be paid: 

July 10, 2026

August 10, 2026

September 10, 2026

October 9, 2026

November 10, 2026

December 10, 2026

Income Tax Guide for Canadians

Deadlines, tax tips and more

How much is the Ontario Trillium Benefit?

The OTB you receive is equal to the combined amount for each of the Ontario energy and property tax credit, Northern Ontario energy credit and Ontario sales tax credit. 

The amount received depends on your:

Age

Income

Residence

Number of family members within the household

Amount paid in rent or property tax

You can estimate your OTB entitlement by using the Government of Canada’s and CRA’s child and family benefits calculator. 

Article Continues Below Advertisement

Outstream Volume Icon

Skip Ad

X

If your payment amount is more than $2 but less than $10, the amount is increased to $10. You will not receive a payment if the amount is for $2 or less. 

In most cases, your annual OTB amount is divided by 12 and issued once per month. However, there are a few exceptions.

How to receive a single OTB payment

Ontarians with an OTB of $360 or less automatically receive their payment in a single lump sum. And if your OTB is $360 or more, you can choose to receive it in a single payment. Instead of receiving monthly payments from July 2026 to June 2027, those who opt for this option will receive a single payment at the end of the benefit year, in June 2027. 

You can choose to receive a single OTB payment when filling out your 2025 tax return. Tick box 61060 in the area called “Choice for delayed single OTB payment” on Form ON‑BEN, Application for the Ontario Trillium Benefit and Ontario Senior Homeowners’ Property Tax Grant.

Who can apply for the Ontario Trillium Benefit? 

Ontario residents do not have to apply for the OTB. You are automatically eligible for 2026 OTB payments once you file your 2025 tax return. However, if your tax return is assessed on June 20, 2026, or later, the payment may be delayed, with your first payment issued within four to eight weeks of your assessment.

FAQs

Get free MoneySense financial tips, news & advice in your inbox.

More payment dates to watch for:

About Thomas Kent

About Thomas Kent

Thomas Kent is a reporter and author, specializing in personal finance and insurance. With nearly a decade of experience in digital media and financial writing, Thomas has produced high-quality content for leading Canadian finance brands and reported on complex insurance topics with clarity.



Source link

Tags: benefitDatesOntarioOTBPaymentTrillium
ShareTweetShare
Previous Post

India bonds dip before debt sale; state supply eyed

Next Post

CPP payment dates in 2026, and more to know about the Canada Pension Plan

Related Posts

edit post
6 Part-Time Jobs Retirees Can Explore Before the Holiday Hiring Rush

6 Part-Time Jobs Retirees Can Explore Before the Holiday Hiring Rush

by TheAdviserMagazine
August 7, 2026
0

The weeks before the holiday hiring rush can be a surprisingly good time for retirees to decide whether a little...

edit post
Medicare Deadlines New Retirees Should Put on the Calendar Before Leaving Work

Medicare Deadlines New Retirees Should Put on the Calendar Before Leaving Work

by TheAdviserMagazine
August 7, 2026
0

A 65-year-old retiring in November may have a completely different Medicare timeline from a 68-year-old leaving an employer health plan...

edit post
8 Side Effects of Aging That No One Prepares You For

8 Side Effects of Aging That No One Prepares You For

by TheAdviserMagazine
August 7, 2026
0

Aging is often portrayed as a graceful journey filled with wisdom, leisure, and newfound freedom. While those aspects can certainly...

edit post
Stock news for investors: Quarterly earnings from Telus, Shopify, BCE, and more

Stock news for investors: Quarterly earnings from Telus, Shopify, BCE, and more

by TheAdviserMagazine
August 6, 2026
0

The company reported a loss attributable to common shareholders of $1.8 billion or $1.17 per share for the quarter ended...

edit post
The world’s largest corporate holder of Bitcoin has been selling—should you be concerned?

The world’s largest corporate holder of Bitcoin has been selling—should you be concerned?

by TheAdviserMagazine
August 6, 2026
0

While selling BTC is not alarming in itself, it seems to go against Executive Chairman Micheal Saylor’s public image as...

edit post
7 Warning Signs an Older Adult May Be Under Financial Pressure

7 Warning Signs an Older Adult May Be Under Financial Pressure

by TheAdviserMagazine
August 6, 2026
0

It often starts with what seems like a harmless favor. A relative offers to help pay bills online. A new...

Next Post
edit post
CPP payment dates in 2026, and more to know about the Canada Pension Plan

CPP payment dates in 2026, and more to know about the Canada Pension Plan

edit post
There Are No Free Markets

There Are No Free Markets

  • Trending
  • Comments
  • Latest
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
5 Simple Home Adjustments That Drastically Lower Fall Risks for Seniors

5 Simple Home Adjustments That Drastically Lower Fall Risks for Seniors

August 3, 2026
edit post
Inside PepsiCo’s beverage overhaul: a Gatorade reboot, the  billion Poppi buy, and a gut-health play, all under activist scrutiny

Inside PepsiCo’s beverage overhaul: a Gatorade reboot, the $2 billion Poppi buy, and a gut-health play, all under activist scrutiny

October 8, 2025
edit post
‘Trump v. Trump’ Did Not Impress The Judge – See Also

‘Trump v. Trump’ Did Not Impress The Judge – See Also

July 13, 2026
edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

August 7, 2026
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.