The Ontario Child Benefit is financial support for low-to moderate-income families to help provide for their children. It provides direct financial support to low- and moderate-income families – whether they are working or not. It helps parents with the cost of raising their children.
This year, the Ontario Child Benefit will support about one million children in over 500,000 families, providing a maximum payment of $1,336 per child per year.
Eligibility
There is no application for the OCB.
Depending on your family income, you may qualify for the Ontario Child Benefit (OCB), if you:
- are the primary caregiver of a child under 18;
- are a resident of Ontario;
- have filed and had assessed your previous year’s income tax return, and so has your spouse or common-law partner; and
- have registered your child for the federal Canada Child Tax Benefit.
You can download an Income Tax and Benefit Package from the Canada Revenue Agency website.
- You can also call the Canada Revenue Agency toll-free for more information at 1-800-959-8281 FREE. For TTY (Teletypewriter) service, call 1-800-665-0354 FREE (Canada only).
To apply for the Canada Child Tax Benefit, visit the Canada Revenue Agency website for an application form or call the Canada Revenue Agency toll-free at 1-800-959-8281 FREE.
I’m eligible – what happens next?
The Canada Revenue Agency will automatically review your eligibility once you and your spouse/common law partner’s income tax returns from the previous year are assessed and you have registered your child for the Canada Child Tax Benefit.
If you are eligible, the Ontario Child Benefit is included with Canada Child Tax Benefit and National Child Benefit Supplement monthly payments.
The Ontario Child Benefit provides a maximum payment of $1,336 per child per year.
To see how much you may be eligible for, you can use the online calculator or see the chart below.
Ontario Child Benefit Monthly Payment Estimates as of July 2015* | ||||
Number of Children | Family Net Income | |||
$20,400 | $25,000 | $30,000 | ||
1 | $111.33 | $80.66 | $47.33 | |
2 | $222.66 | $192.00 | $158.66 | |
3 | $334.00 | $303.33 | $270.00 | |
4 | $445.33 | $414.66 | $381.33 |
* The monthly payment values listed in the charts above are an estimate of the amount of OCB you may receive. Monthly payments are determined by the Canada Revenue Agency based on your adjusted family net income as determined by your annual tax return.
Source: http://www.children.gov.on.ca/htdocs/English/topics/financialhelp/ocb/what.aspx