TORONTO, November 7, 2001 (LSN.ca) – Ontario Deputy Premier and Minister of Finance Jim Flaherty announced yesterday that Ontario low-and middle-income working families are to receive a monetary boost before Christmas. The Minister announced that the government is proposing to assist these families by providing a one-time, tax-free payment of $100 per child under age seven.
“We know that a slowing economy is especially hard on lower-income parents. We value their hard work and their dedication to raising their families,” Flaherty stated. About 220,000 families with 367,000 children would share an estimated $37 million in benefits. The average payment would be around $165 per family and, if legislation is passed promptly, the payments would be sent out by early December.
See the government release on the measure: https://www.gov.on.ca/fin/english/nre-fs01d.htm