Provincial Sales Tax On Insurance Premiums

 

As a result, the PST will apply to premiums for the Crop Insurance Program and the Western Livestock Price Insurance Program (WLPIP) starting on July 1, 2017.  This means producers who purchase Crop Insurance for the 2017 growing season will have the PST applied to their portion of their 2017 insurance premium. The government’s portion of the Crop Insurance premium will not include PST. Producers will see the PST charge on their statement of insurance issued in July.

 

For producers who purchase WLPIP coverage after July 1, 2017, PST will be applied to their premium.

 

For more information please contact your local Crop Insurance office.