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Ontario says it will provide new financial assistance for residents during a provincewide lockdown that starts on Boxing Day.

The province says it will cut hydro prices for 28 days, starting Jan. 1, as Ontarians are encouraged to stay home as much as possible to curb the spread of COVID-19.

The reduction to the off-peak rate of 8.5 cents per kilowatt-hour will automatically be credited on ratepayers’ bills.

The government says it will also provide $200 to families with high school students aged 13 through to Grade 12.

The money can be used to help offset education expenses as all schools move lessons online for the first week of January. Students will then gradually return to in-class learning depending on their location and grade level.

The lockdown, announced Monday, is being imposed as Ontario tries to bring soaring COVID-19 cases under control.

The province reported 2,202 new cases of COVID-19 today and 21 more deaths related to the virus.

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