Due to the COVID-19 pandemic, our offices are closed however we are in communication electronically. Please send all benefit and eligibility queries to: administration@bpagroup.com and all claim inquiries to: claims@bpagroup.com Please ensure to include your full name, certificate number and reason for inquiry, all inquiries will be handled on a priority basis within 1 business day.Click here to read an important update from your Benefits Department.
Effective January 1, 2020, OHIP will no longer cover any portion of your medical costs while travelling outside of Canada.

Tax efficient Income

Understanding how your registered and non-registered accounts are taxed will better help in creating an efficient financial plan. When choosing investments it is important to consider how these investments will be taxed. Creating a tax-efficient portfolio can save you thousands of dollars. Interest income is taxed at your full marginal tax rate, and therefore the least efficient investment income. The taxation of dividends is a somewhat more complicated issue. Eligible dividends are grossed to produce a taxable income total, which will then be taxed at the individual's marginal rate. Once the basic tax is calculated, it is reduced by the federal dividend tax credit. Capital gains taxes are also calculated according to a person's marginal tax rate, with the crucial difference that the investor is taxed on only 50% of the gain on an investment.

Insulators Local 95 Benefit Trust Fund c/o Benefit Plan Administrators 
90 Burnhamthorpe Road West, Suite 300 Mississauga, Ontario L5B 3C3