Community Frugal Crowd

Ontario Trillium Benefit: More Canadians Get Lump-Sum Payments in July 2013

This video explains the Ontario Trillium Benefit (OTB):

  • OTB came into effect in July 2012:

Ontario Trillium Benefit
Ontario Trillium Benefit

Ontario has a long-term poverty reduction plan called “Ontario’s Poverty Reduction Strategy” which:

  • focuses first on giving children and their families the support they need to achieve their full potential and to get ahead, because “an educated, healthy and employable workforce is critical to the economic future of this province”
  • has the target of reducing the number of children living in poverty by 25 per cent over 5 years

As a support of the “Ontario’s Poverty Reduction Strategy”, the Ontario Trillium Benefit (OTB) came into effect in July 2012.

The Ontario Trillium Benefit (OTB) combined, into one monthly payment, the following tax credits: