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Changes to the Ontario trillium benefit
Starting July 2012, the Ontario Trillium Benefit will combine the Ontario Sales Tax Credit, the Ontario Energy and Property Tax Credit, and the Northern Ontario Energy Credit into one monthly payment. For this year, the Ontario Trillium Benefit will be paid in 12 installments, beginning in July. This payment schedule was introduced last year to give people more predictable and more frequent payments to help them manage their monthly bills. The province is exploring options that would allow tax filers, starting next year, to choose between monthly payments or a lump sum.
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