Archives de la catégorie : Fiscal

Increase in Quebec taxes and the impact on your premium

In December 2014, the Quebec Minister of Finance announced an increase in taxes (on the capital and compensatoire) on insurance premiums from 2.3% to 3.48%. This change is effective December 3, 2014. Since it is a tax increase, the insurer […]

New federal taxable benefits take effect January 1, 2013

New taxable benefits As part of the 2012 federal budget, the Canadian government announced changes under which the premiums paid by the employer for accidental death and dismemberment insurance and critical illness insurance will become taxable as of  January 1, […]