Roughly 15 million Ontario residents can expect to receive a $200 rebate cheque from the provincial government by the end of January or early February, a spokesperson for the province has confirmed. 

Back in October, the Premier announced that taxpayers in Ontario could expect to receive a rebate cheque in "early 2025" to help offset the "high costs of the federal carbon tax and interest rates." 

In total, the rebate is expected to provide $3 billion in support for approximately 12.5 million adults and 2.5 million children. For example, a family of five with two adults and three children would receive $1,000 if eligible. 

"This $200 taxpayer rebate will give Ontario taxpayers, especially families with children, some much-deserved help so they can make ends meet," Ford said. 

To be eligible for the tax-free rebate, you must have been 18 years or older at the end of 2023, be a resident in Ontario on Dec. 31, 2023, and have filed your 2023 Income Tax and Benefit Return by Dec. 31, 2024. 

Eligible recipients do not include those who were bankrupt or incarcerated in 2024. 

Although the province's next fixed election date isn't until June 2026, many have pointed to Ford's $200 rebate cheques as one sign of a looming vote. Still, the Premier has continued to evade questions about whether or not he will call an early election this year.