CALU Member Login

Email Address:
Password:
Forgot Password

HAPPENING NOW


Tax Changes to Private Corporations

On July 18, 2017, the Department of Finance (Finance) released a 60+ page consultation paper entitled “Tax Planning Using Private Corporations”. This follows up on concerns expressed by Finance in Budget 2017 that high income Canadians were using private corporations to obtain tax advantages that are not available to other Canadians. To ensure members are familiar with the proposals and CALU's action steps, we have created a special section of the member-only side of the website so you can easily access various materials.


CALU Makes 2018 Pre-budget Submission

CALU has made a submission to the House of Commons Standing Committee on Finance as part of the Committee's 2018 pre-budget consultation process. Please click here for more details.

Retail Sales Tax on Insurance

Saskatchewan has imposed a 6% retail sales tax (RST) on individual and group insurance premiums. Please click here for more details.

2017 AGM Presentations Available

Please click here for access to presentations and other materials from the 2017 AGM.

Latest infoEXCHANGE Now Available

The 2017, Vol. 2 edition of CALU's infoEXCHANGE is now available on the member-only side of the website. Please click here for more details.

Upcoming Events

Click here for a list of upcoming CALU events.

May 2017 Edition of CALU Report Released

The May 2017 edition of the CALU Report, entitled "A Pensions Wish List," has now been posted to the member-only side of the website. Please click here to access it now.

CALU Welcomes Guy Legault as President

The Board of Directors of the Conference for Advanced Life Underwriting (CALU) is pleased to announce that Mr. Guy Legault, MBA, FCPA, FCGA, CAE, has joined the organization as its new President, effective May 31, 2017. Please click here for more details.

2016/17 Year-end Report Published

CALU has produced a Year-end Report for 2016/17 which outlines the ongoing work of all CALU Committees, Issue and Working Groups, and Task Forces. Please click here for more details.

CALU Special Report Released

Angela Ross, Ken Griffin and Jonathan Bright have written a CALU Special Report on the new back-to-back shareholder loan rules and the impact on collateral insurance arrangements. Please click here for more details.

2017 PCI Form Available

Click here for more information about the 2017 Political and Civic Involvement form, which is due by October 31, 2017. Attendees to the 2017 AGM will have the opportunity to earn at least 12 credits.


CALU Releases Third Practice Note

The Market Conduct Standards Technical Committee, Chaired by Roger Thorpe, has released their third Practice Note, “Leveraged Insured Annuities: Following Best Practices,” which provides background on various insured annuity arrangements, discusses the LIA policy rules introduced in 2013, and reviews newer arrangements that may be the subject of review by the Canada Revenue Agency or the Department of Finance. This note also comments on best practices when putting in place investment loans which are collaterally secured by life insurance and/or annuity products. Please click here for more information.

CALU Special Report on Genetic Testing Bill S-201 Available

CALU President Kevin Wark has prepared a backgrounder on Bill S-201, a private members bill that will restrict employers and service/product providers from requiring an individual to either undergo a genetic test, or provide the results of genetic testing. Please click here for more details.

House Finance Committee Releases Report

The House of Commons Standing Committee on Finance (FINA) has now released its report and recommendations arising from its 2017 Pre-budget Consultation Report. Click here for more information.

CALU Appears Before the House Finance Committee

CALU recently appeared before the House of Commons Standing Committee on Finance to participate in the Committee's 2017 pre-budget hearings. For more details, please click here.

CALU Tax Update

On October 28, 2016, CALU released a bulletin discussing several recent tax developments relating to the application of the new exempt test rules and proposals in the 2016 budget relating to life insurance. For more details, please click here.

Recent Clarifications on the Application of New Exempt Test Rules

On October 4, 2016, CALU announced that the Department of Finance and the Canada Revenue Agency have clarified aspects of the new exempt test and policyholder taxation rules, which will apply to life insurance policies issued after 2016. For more details, please click here.

CALU Submissions on 2016 Federal Budget Proposals

CALU has now written to the Department of Finance on three occasions to comment on proposed changes contained in the March 22, 2016 federal budget relating to the tax treatment of certain transactions involving life insurance owned by partnerships and corporations. Please click here for more information.