GAINS ensures a guaranteed minimum income for Ontario seniors by providing monthly payments to qualifying pensioners. GAINS is a top-up for low-income Ontario residents age 65 or older who receive GIS.
GAINS is provided to help seniors in Ontario pay for housing, food and other costs of living.
- 65 years of age or older
- receiving deferral OAS pension and federal GIS payments
- living in Ontario for past 12 months or for total of 20 years since turning 18
- have 10 or more years of Canadian Residency
- total income below level guaranteed by the province
Monthly GAINS payment will range between $2.50 and $83.00 and will decline as private income increases or marital status changes.
Every year, you must file your return by April 30, even if you don't have income to report, or complete a GIS application and send it to your nearest Service Canada Office.
The Ontario energy and property tax credit (OEPTC) is designed to help low- to moderate-income Ontario residents with the sales tax on energy and with property taxes.
This credit is a tax-free payment to help you with your property taxes and sales tax on energy costs.
To qualify, you must be an Ontario resident and at least one of the following:
- 18 years of age or older;
- currently or previously married or in a common-law relationship;
- a parent who lives or previously lived with your child.
and, in the previous year, you:
- rented or paid property tax for your main residence;
- lived on a reserve and paid for your home energy costs;
- lived in a public long-term care home (e.g., a seniors' home) and paid an amount for your accommodation.
Your eligibility also depends on where you live on the 1st of each month. For example, if you move out of Ontario on November 10, you would be eligible for the November OEPTC payment, but you wouldn't be eligible for any subsequent payment.
Credit amount for the 2018 benefit year
You could get a maximum of:
- $1,042 if you are between 18 and 64 years old;
- $1,187 if you are over 65 years old;
- $28,433 for families, including single parents, and $34,119 for senior couples;
- $232 if you live on a reserve or in a public long-term care home;
- $25 for the time you lived in a designated college, university or private school residence in 2017.
Use the tax credit calculator found on the link below to see how much money you could get.
The Ontario Senior Homeowners' Property Tax Grant helps low-to-moderate income seniors with the cost of their property taxes.
- Paid Ontario property tax in previous year;
- Meet income requirements;
- As of December 31 of the previous year:
- were 64 years of age or older;
- were a resident of Ontario;
- owned and occupied principal residence.
This program provides a maximum $500 grant per year.
If you are single, separated, divorced or widowed
- Grant is reduced by 3.33 percent of net income over $35,000 but less than $50,000.
If you are married or living common-law
- Grant is reduced by 3.33 percent of net income over $45,000.
- Only one person per couple can receive this grant.
You need to file your tax return to apply for this grant, even if you don't have income to report.
The last day to file your tax return is April 30 of each year.
The Ontario Seniors' Public Transit Tax Credit is a refundable tax credit to help seniors with public transit costs.
- 65 years old or older at the beginning of the year that you’re claiming the credit
- live in Ontario by the end of that year
You can claim up to $3,000 in eligible public transit expenses and receive up to $450 each year.
You can submit a claim when you file your personal income tax.
Save your receipt and proof of payment to claim your eligible public transit expenses. The last day to file your return is April 30 of each year.
Provides home or vehicle modifications to eligible individuals and families to enable children and adults with disabilities that restrict mobility to continue living safely in their homes, avoid job loss and participate in their communities.
- Permanent Ontario Resident;
- Person with substantial impairment caused by bodily injury, birth defect or illness that is ongoing/ or recurring and is expected to last one year or more;
- the impairment impedes mobility and affects daily living activities.
Maximum $15,000 lifetime per client for home modifications and/or maximum $15,000 every ten years per client for vehicle modifications. Depending on your income, you may be asked to pay some of the cost of the modifications.
- 65 years old or have a disability;
- must live in the home as their personal residence;
- must be in the residential property class and must not have more than three residential units;
- must not be in the business of offering care to senior or disabled persons;
- alterations, improvements or additions were made after May 15, 1984
- property owner applies to MPAC for exemption.
Only the assessed value of the alterations, improvements or additions constructed for the purpose of providing housing is exempt from property taxation. This is in place only for as long as the senior or disabled person lives in the home as his/her personal residence.
Property owners who have built a new home to provide a place to live for a senior or a person with a disability can get partial property tax exemption of 10 per cent of the value of their home.