Archive for the ‘Insurance’ Category

Spousal trust and life insurance

Tuesday, January 19th, 2016

The Canada Revenue Agency (CRA) had an opportunity expand on their position as it applies to a trustee's duty to maintain certain income producing or capital appreciating properties which may potentially benefit a spouse during their lifetime. The CRA answer was delivered in a technical interpretation. The question posed to ...

The Older Claimant

Thursday, September 10th, 2015

The Ontario Automobile Insurance Statutory Accident Benefits Schedule was revised on August 27, 2015 and further cuts to the coverage for injured claimants was made. These changes take effect on June 1, 2016. For the most seriously injured, those claimants who have sustained a ‘catastrophic injury’, the total benefit is to ...