The Provincial Government will be providing a one-time Cost of Living Relief to all Newfoundland and Labradorians.
On October 5, 2022 the Honourable Andrew Furey, Premier of Newfoundland and Labrador, and the Honourable Siobhan Coady, Deputy Premier and Minister of Finance, announced an additional measure to help residents with the high cost of living.
This one-time cheque up to $500 will be provided to residents of the province who have reached the age of 18 years old as of December 31, 2022 and who filed there 2021 tax return with an adjusted income of $125,000 or less.
This cheque, which will be provided to approximately 392,000 residents in the province.
Those with adjusted income of less than $100,000 will receive $500 and those with adjusted income between $100,000 and $125,000 will receive a partial payment ranging between $250 and $500.
No application is required.
This one-time cheque will be handed out to NFLD and Labradorians next week.
The Government of Newfoundland and Labrador will issue cheques beginning later in 2022 to eligible individuals based on 2021 income tax return filings with the Canada Revenue Agency.
Residents who have not yet filed their 2021 tax return may do so up until December 31, 2022 to be able to receive this benefit.
For more information, please email taxpolicy@gov.nl.ca or phone 709-729-3166