Canada PRO Deposit (Ontario Trillium & Alberta Child Benefits)
The Canada PRO program is a Canadian government program that provides a payment to help disperse tax credit and benefit program monies to eligible residents of Ontario and Alberta.
Having received money in your bank account from Canada PRO, such as described in the following picture, means that you’ve received money from one of the programs we detail below.
Canada PRO payments are made by the CRA on behalf of those provinces. We have reviewed this program and they fall into 2 categories: Ontario Canada PRO deposit programs and Alberta Canada PRO deposit programs.
The Ontario Trillium Benefit (Ontario Canada PRO Deposit Program)
The Ontario Trillium Benefit (OTB) is a refundable tax credit that helps eligible taxpayers with their costs of owning and occupying a home. The OTB combines three existing benefits: the Property Tax Credit, the Home Energy Conservation Tax Credit, and the Northern Ontario Energy Credit.
What Is The Ontario Energy And Property Tax Credit?
The Ontario Energy and Property Tax Credit (OEPTC) is a refundable tax credit that helps eligible taxpayers with the cost of energy and property taxes. The OEPTC is available to low- to moderate-income families, seniors and persons with disabilities who live in their own homes, rent or live in residences on reserve lands. The OEPTC includes two credits:
What Is The Home Energy Conservation Tax Credit?
The Home Energy Conservation Tax Credit (HECTC) is a refundable tax credit that helps eligible homeowners with the cost of energy-saving home renovations. The HECTC is available to residents of Ontario who own and live in their own homes. To be eligible for the HECTC, you must have completed energy-saving renovations to your home of at least five years old.
What Is The Northern Ontario Energy Credit?
The Northern Ontario Energy Credit (NOEC) is a refundable tax credit that helps eligible low- to moderate-income households with the increased costs of energy. The NOEC is available to residents of northern Ontario. To be eligible, they need to live in their own homes, rent or live in residences on reserve lands.
Who Is Eligible For The Ontario Trillium Benefit?
To be eligible for the OTB, you must meet all of the following criteria:
- You were a resident of Ontario on December 31st of the tax year for which you are claiming the OTB.
- You lived in a home that you owned or rented at any time during the tax year.
- You were 18 years of age or older at the end of the tax year.
- If you are married or living in a common-law relationship, your spouse or common-law partner also meets these criteria.
What Is The Alberta Child And Family Benefit?
The Alberta Child and Family Benefit is a refundable tax credit that helps eligible taxpayers with the cost of raising children. The ACFB is available to residents of Alberta who are expecting or have children under the age of 18. The ACFB includes two credits: the Alberta Child Benefit and the Alberta Family Employment Tax Credit.
What Are Canada PRO Deposit Dates in 2023?
The Canada PRO Deposit dates are the dates on which eligible taxpayers can receive their refundable tax credit, provided that the taxpayer filed their 2022 taxes on time. The deposit dates for the programs are as follows:
- Ontario Trilium Benefit (OTB)
- January 10, 2023
- February 10, 2023
- March 10, 2023
- April 6, 2023
- May 10, 2023
- June 9, 2023
- July 10, 2023
- August 10, 2023
- September 8, 2023
- October 10, 2023
- November 10, 2023
- December 8, 2023
- Alberta Child and Family Benefit (ACFB)
- February 27, 2023
- May 26, 2023
- August 25, 2023
- November 27, 2023