The Government of Canada is considering taxing employer contributions made to your group health and dental benefit plans. If this change happens – and it could be announced in the 2017 federal budget – it means employer contributions made to your group health and dental benefits will be considered taxable income for employees, potentially increasing your tax bill as well as attracting payroll taxes for your employer. This could make offering group insurance benefits much less attractive, and therefore harder to negotiate, maintain or improve at the bargaining table.
If you want your employer's contributions to your group health and dental benefits coverage to remain tax-free, voice your concern right now. Visit donttaxmyhealthbenefits.ca and in just a few clicks you can send a letter to your MP and the Minister of Finance.
OPSEU is committed to protecting group health insurance plans for our members by all means possible.
For more information please visit www.donttaxmyhealthbenefits.ca.