The Ontario provincial government announced on Friday that it has begun to roll out those much-talked-about $200 rebate cheques, and residents can expect their payouts to arrive in the coming weeks.

Doug Ford's Ontario PC administration is issuing these "taxpayer rebates" ahead of a rumoured provincial election, and positioning them as relief from "the high cost of the federal carbon tax and high interest rates."

"With Ontario families struggling due to the federal carbon tax, high interest rates and global economic uncertainty, our government is stepping up as part of our ongoing work to keep costs down and help families make ends meet," said Peter Bethlenfalvy, Minister of Finance. 

"Our prudent fiscal management means our government is able to provide this critical support for families even as we continue to improve Ontario's finances and invest in our world-class public services."

Who is eligible?

Not all Ontario residents will be able to cash in on the $200 rebates. According to the province, you must;

• have been 18 years or older and a resident in Ontario on December 31, 2023
• not be bankrupt or incarcerated in 2024
• have filed a 2023 Income Tax and Benefits Return by December 31, 2024

In addition to the qualifications above, families who qualify for the Canada Child Benefit (CCB) payment will receive additional $200 cheques for each eligible child under 18 years old, meaning a family of five would receive $1,000.

You can check in on the status of your cheque or review eligibility requirements on the province's website.