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October 2, 2018

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.

Alexandre Laurin
Alexandre Laurin

Alexandre Laurin joined the C.D. Howe Institute in 2008 and became Director of Research in 2014.

From 1999 to 2008, Mr. Laurin worked for the Parliamentary Information and Research Service where he provided reports, analysis and policy advice to Members of the House of Commons and the Senate and to parliamentary committees on a non-partisan and confidential basis.

Farah Omran
Farah Omran

Farah Omran joined the C.D. Howe Institute in 2017, while completing her Master of Arts in Economics from the University of Toronto. She is now a policy analyst at the institute, working on a wide range of topics, including monetary policy, financial services, and fiscal accountability.