People around the world are suffering from high inflation rates due to which they are unable to pay for their necessary items such as groceries. The Ontario government is providing Ontario Grocery Rebate Payment 2024 in collaboration with the Canada Revenue Agency under which the federal government of Canada is providing such benefits. It is basically a scheme which provides one time financial payment to the eligible citizens of the country. The Ontario grocery rebate is basically a one time payment provided to the eligible citizens living over there who belong to a low income group. You can check Ontario Grocery Rebate Eligibility 2024 in this post which will be helpful for you.
These rebates are issued on a quarterly basis, along with GST/HST payments as per Ontario Grocery Rebate Payment Payment Dates 2024. It is important for all the candidates to satisfy the grocery rebate eligibility requirement. The amount was actually equivalent to double the GST/HST credit amount, which everyone received in the month of January 2023.
Ontario Grocery Rebate Payment 2024
As everyone knows, food is the basic necessity for living a healthy life. The food margin is anticipated to rise in line along with the increase in inflation rates of the nation. The service tax for food is expected to rise, according to the government estimates in Ontario. All the consumers might be aware that the consumer price index may rise as a result of these price increases for grocery and other food items. In Ontario, all the houses sold with modest income numbers are approximately 11 million.
People will have a huge impact on these households due to the highest tax credits. The government of Ontario has chosen to make the one time payment which is available to those families who are eligible in order to provide them financial assistance. Under this program Ontario Grocery Rebate Payment 2024 will be provided to the eligible families. Initially, the deposit margin will totally be determined by each person’s spending and financial standing as well.
You should also know about another program which is Canada Military Benefits 2024.
Ontario Grocery Rebate Program 2024
| Program | Ontario Grocery Rebate Program 2024 |
| Program Name | Ontario Grocery Rebate |
| Organized By | Canada Revenue Agency |
| Minimum Amount | $234 |
| Maximum Amount | $628 |
| Provided By | Government Of Ontario |
| Applicable In | Ontario |
| Payment Date | 5th April 2024 |
| Post Type | Finance |
| Official Website | www.canada.ca |
Ontario Grocery Rebate Eligibility 2024
It is important for all the eligible individuals of Ontario to fulfill the eligibility requirements based upon which they will be receiving their rebate amount. One must fulfill the Ontario Grocery Rebate Eligibility 2024, which are mentioned below.
- The individual is required to be above the age of 19 years to receive these payments, and must make the income tax requirements before The decides to proceed further with the submission of their application.
- If an applicant is earning an income of less than $45,000.
- The government of Canada will be providing the Canada grocery rebate in the year 2024 only if the applicants are entitled to get the GST/HST credits in the month of January 2024.
- It is important that a family must not be earning a total amount of $65,000.
- All the applicants must know that they must not be a tax defaulter with the aim to receive these payments in 2024.
- People who are already getting GST/HST credits then they will automatically receive the rebate amount in the year 2024.
Ontario Grocery Rebate Amount 2024
Every person living in Ontario will be receiving a separate Ontario groceries rebate amount 2024. The rebate amount ranges from $225 – $628 as the basic value. All the families which consist of more than four individuals will be receiving an extra amount. All the eligible individuals will be getting their rebate amount on the 5th day of every quarter. Please refer to the below table to get more details about the Ontario Grocery Rebate Amount 2024.
| CATEGORY | Ontario Grocery Rebate Amount 2024 |
| Individuals | $234 |
| Married Couples | $306 |
| Couples With 1 Child | $387 |
| Family With 2 Children | $467 |
| Family With 3 Children | $528 |
| Family With 4 Children | $628 |
| Retired Couples | $255 |
Ontario Grocery Rebate Payment Payment Dates 2024
The Ontario grocery between 2024 payment was initially introduced to assist the low income citizens of Canada, especially those who are earning below the poverty line. Please read the below mentioned table to get a brief of the Ontario Grocery Rebate Payment Payment Dates 2024.
| Quarter | Ontario Grocery Rebate Payment Payment Dates 2024 |
| Quarter 1 | 5th April 2024 |
| Quarter 2 | 5th July 2024 |
| Quarter 3 | 5th October 2024 |
| Quarter 4 | 5th January 2025 |
FAQs On Ontario Grocery Rebate Payment 2024
The government of Ontario is providing financial support to the loan income citizen, so that they can buy their grocery items under the Ontario grocery rebate.
All the eligible individuals will be receiving their rebate amount on a quarterly basis on the fifth day of every quarter.
Although eligible individuals can expect their next Ontario grocery rebate amount to be released in April 2024.
All the details and updates can be checked by visiting the official online portal of the Canada Revenue Agency www.canada.ca.