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Piling On – How Provincial Taxation of Insurance Premiums Costs Consumers
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Citation | Laurin Alexandre and Omran Farah. 2018. "Piling On – How Provincial Taxation of Insurance Premiums Costs Consumers". Research. Toronto: C.D. Howe Institute |
Page Title: | Piling On – How Provincial Taxation of Insurance Premiums Costs Consumers – C.D. Howe Institute |
Article Title: | Piling On – How Provincial Taxation of Insurance Premiums Costs Consumers |
URL: | https://cdhowe.org/publication/piling-how-provincial-taxation-insurance-premiums-costs-consumers/ |
Published Date: | October 2, 2018 |
Accessed Date: | March 15, 2025 |
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Canadian governments should reassess the cascading taxes imposed on insurance premiums, according to a new report from the C.D. Howe Institute. In “Piling On – How Provincial Taxation of Insurance Premiums Costs Consumers,” authors Alex Laurin and Farah Omran find that premium-based taxes increase the price of insurance products and lower the demand for them.
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