Ontario Business Costs Rebate Program

Published January 11, 2022


Province announces the Ontario Business Costs Rebate Program

Applications are opening January 18, 2022 for the Ontario Business Costs Rebate Program. 

The new Ontario Business Costs Rebate Program supports businesses that are most impacted by public health measures in response to the Omicron variant.

Eligible businesses that are required to close or reduce capacity will receive rebate payments for a portion of the property tax and energy costs they incur while subject to these measures. Eligible businesses required to reduce capacity to 50 per cent, such as smaller retail stores, will receive a rebate payment equivalent to 50 per cent of their costs, while businesses required to close for indoor activities, such as restaurants and gyms, will receive a rebate payment equivalent to 100 per cent of their costs.

A full list of eligible business types will be available through a program guide in mid-January 2022. Online applications for this program open on January 18, 2022. Payments to eligible businesses will be retroactive to December 19, 2021.

Businesses will be required to submit property tax and energy bills as part of the application process.

Read more about the program here

Electricity-rate relief to small businesses, workers and families

The Ontario government is also providing electricity-rate relief to support small businesses, as well as workers and families spending more time at home while the province is in Modified Step Two. 

For 21 days starting at 12:01 am on Tuesday, January 18, 2022, electricity prices will be set 24 hours a day at the current off-peak rate of 8.2 cents per kilowatt-hour, which is less than half the cost of the current on-peak rate. The off-peak rate will apply automatically to residential, small businesses and farms who pay regulated rates set by the Ontario Energy Board and get a bill from a utility and will benefit customers on both Time-of-Use and Tiered rate plans.

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Ontario Business Costs Rebate Program