No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, April 20, 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
4 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
Here’s How Today’s Workers Offset the Rise of AI and Heavy Screen Time

Here’s How Today’s Workers Offset the Rise of AI and Heavy Screen Time

by TheAdviserMagazine
April 20, 2026
0

Technology continues to reshape the workplace, but many professionals are finding that balance, not a fully digital workplace, is the...

edit post
Florida Seniors: With No Relief Passed in the March Session, the April 20 Special Session Is the Final 2026 Opportunity

Florida Seniors: With No Relief Passed in the March Session, the April 20 Special Session Is the Final 2026 Opportunity

by TheAdviserMagazine
April 19, 2026
0

For many Florida seniors, 2026 has already been a frustrating year when it comes to financial relief. The regular legislative...

edit post
Seniors Who Earn Over ,040 This Month May Cause The SSA to Withhold Their  Entire Check

Seniors Who Earn Over $2,040 This Month May Cause The SSA to Withhold Their Entire Check

by TheAdviserMagazine
April 19, 2026
0

If you’re collecting Social Security and still working, one number could quietly affect your monthly income: $2,040. That’s the monthly...

edit post
The 5,000 Reality: What the Average Retiree Will Spend on Healthcare After Age 65

The $345,000 Reality: What the Average Retiree Will Spend on Healthcare After Age 65

by TheAdviserMagazine
April 19, 2026
0

If you think healthcare in retirement will be manageable, the numbers may surprise you. Recent estimates show that the average...

edit post
10 Reasons No One Under 25 Should Receive a Lump‑Sum Inheritance

10 Reasons No One Under 25 Should Receive a Lump‑Sum Inheritance

by TheAdviserMagazine
April 19, 2026
0

Receiving a large inheritance might sound like a dream come true—especially for someone under 25. But in reality, a sudden...

edit post
The ‘Inherited House’ Audit: Why the IRS Is Scrutinizing 2026 Home Sales Following a Parent’s Passing

The ‘Inherited House’ Audit: Why the IRS Is Scrutinizing 2026 Home Sales Following a Parent’s Passing

by TheAdviserMagazine
April 18, 2026
0

Selling a parent’s home after they pass away can feel like the simplest part of a difficult process, but it’s...

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
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
Rajesh Palviya sees Nifty rally extending this week on strong bullish momentum

Rajesh Palviya sees Nifty rally extending this week on strong bullish momentum

0
edit post
Here’s How Today’s Workers Offset the Rise of AI and Heavy Screen Time

Here’s How Today’s Workers Offset the Rise of AI and Heavy Screen Time

0
edit post
The hidden ROI of AI: What leaders should actually measure

The hidden ROI of AI: What leaders should actually measure

0
edit post
Capital City Bank Group Releases Q1 2026 Financial Results

Capital City Bank Group Releases Q1 2026 Financial Results

0
edit post
Adam Smith’s Warning About Wealth, Fame, and Status (with Ross Levine)

Adam Smith’s Warning About Wealth, Fame, and Status (with Ross Levine)

0
edit post
How AI is fueling Bitcoin miners 500% stock gains

How AI is fueling Bitcoin miners 500% stock gains

0
edit post
The hidden ROI of AI: What leaders should actually measure

The hidden ROI of AI: What leaders should actually measure

April 20, 2026
edit post
Capital City Bank Group Releases Q1 2026 Financial Results

Capital City Bank Group Releases Q1 2026 Financial Results

April 20, 2026
edit post
Here’s How Today’s Workers Offset the Rise of AI and Heavy Screen Time

Here’s How Today’s Workers Offset the Rise of AI and Heavy Screen Time

April 20, 2026
edit post
How AI is fueling Bitcoin miners 500% stock gains

How AI is fueling Bitcoin miners 500% stock gains

April 20, 2026
edit post
Adam Smith’s Warning About Wealth, Fame, and Status (with Ross Levine)

Adam Smith’s Warning About Wealth, Fame, and Status (with Ross Levine)

April 20, 2026
edit post
Where Will Dogecoin (DOGE) Be in 1 Year?

Where Will Dogecoin (DOGE) Be in 1 Year?

April 20, 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

  • The hidden ROI of AI: What leaders should actually measure
  • Capital City Bank Group Releases Q1 2026 Financial Results
  • Here’s How Today’s Workers Offset the Rise of AI and Heavy Screen Time
  • 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.