Insurance is complex enough – what happens when it intersects with our tax system? We have good news… Under the Excise Tax Act, insurance is a financial service, making it exempt from GST. If we only had to address the GST, this would be a simple, short article. However… And we have bad … [Read more...]
Vehicle Insurance: What are you paying for anyway?
If you own a vehicle, you probably pay for insurance on it. But you may not know what you are actually paying for and why governments require it. This article briefly describes why governments require vehicle insurance. It then gives an overview of the insurance systems for mandatory insurance in … [Read more...]
Act Now: Insurance policies and the duty to notify
Insurance policies require insureds to notify the insurer of claims and potential claims. Insurance policies, like any other contract, contain certain legal obligations. For example, insurance policies of all types require insureds to notify the insurer of loss or damage – or in the case of … [Read more...]
The Supreme Court of Canada Protects the LITTLE GUY
Do you have an insurance contract? Do you know and understand your rights and obligations under that contract? If you have a dispute with your insurance company, how can you be sure that a court will protect you, the “little guy”, in the face of the arguments put forward by a large, possibly … [Read more...]