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Normand Lafrenière
Retiring CAMIC president reflects on the mutuals’ biggest issues over three decades
August 14, 2020 by Jason ContantAfter nearly three decades as the head of Canada’s national mutual insurance association, Normand Lafreniere, who announced his retirement recently, talked to Canadian Underwriter about his work on three major files — income tax reductions, demutualization, and limiting banks’ and…
National mutual association president Normand Lafreniere retires
August 10, 2020 by Jason ContantIndustry veteran Normand Lafreniere, president of the Canadian Association of Mutual Insurance Companies (CAMIC), is now officially retired. In a LinkedIn post Wednesday, Lafreniere said he will continue as a consultant for CAMIC over the next few weeks, pending the…
Bill eliminating federal tax exemption for farming and fishing insurers passed into law
June 23, 2017 by Canadian UnderwriterThe federal government passed Thursday a law eliminating the tax exemption for insurers covering farming and fishing properties. Bill C-44 is omnibus legislation that implements, among other things, some provisions of the federal budget 2017-18, tabled March 22. In addition…
Proposal to eliminate farm insurers’ tax exemption before Senate
June 21, 2017 by Canadian UnderwriterAn omnibus bill that proposes to eliminate the tax exemption for insurers covering farming and fishing properties has been referred to a Senate committee. Currently, Section 149 of the federal Income Tax Act stipulates that an insurer is exempt from…