Ontario Premier Doug Ford claps during Ted Arnott's acceptance speech for his re-election to the position of Speaker of the Ontario Legislative Assembly at Queen's Park, in Toronto on Monday, August 8, 2022. THE CANADIAN PRESS/Tijana Martin
The tax credits include an extended credit for low-to mid-income earners, a credit for seniors to make their homes safer, and a subsidy for child-care costs for parents with children. The expansion would mean more than 1.7 million Ontarians could be eligible for an average tax credit of $300. At the maximum, lower-income earners can receive up to $875 in tax relief.The second proposed tax credit is theLower-income seniors in that age category can receive up to $1,500 for hospital-style medical equipment and support. It offers a 25 per cent tax break on a senior’s at-home medical costs up to $6,000.
The credit is refundable and anyone earning up to $65,000 can qualify, and the amount of credit on offer is on a sliding scale based on income level.
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