The Ontario government plans to mail a $200 rebate cheque to every taxpayer in the province to help residents cope with the high cost of living.
This initiative is set to reach about 15 million people in early 2025. Eligible families will also get an extra $200 per child.
Premier Doug Ford and Finance Minister Peter Bethlenfalvy say this relief is essential, but opposition leaders have criticized the move as a pre-election “gimmick.”
Alleged political motives aside, these cheques could make a real difference for tenants on tight budgets. It could help them stay on top of rent, cover an overdue bill, or provide some breathing room after the holidays.
Property managers can support their tenants by letting them know this cheque is in the mail – it might be the small relief they need to avoid an eviction.
More rental market headlines
Windsor's rent program boosts budget up 300% since 2022 – CBC
Are Brampton landlords paying the price for tenants' mess? – PayProp blog
Torontonians question a landlord’s request for 6 months rent upfront – Now Toronto