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The other battles of the RCCAQ


Hubert Roy

23 January, 2018 07:00

Christopher Johnson | Photo : Réjean Meloche

With the bills 141 and 150, the Regroupement des cabinets de courtage d’assurance du Québec (RCCAQ) has full his work table. Other folders also captures his attention.

One of these is the consultation on the incentives of sales, launched this summer by thefinancial markets Authority. The brokerage is directly referred to, as the consultation covers the issue of commissions of contingency, on the grounds that they may lend themselves to conflicts of interest.

The Law on banks is also on the agenda of the RCCAQ, although this record was primarily driven by theinsurance brokers Association of Canada (IBAC). What are two key challenges, said Christopher Johnson, president of the RCCAQ.

The Grouping also needs to find a successor to Guy Parent, who has left the general management of the organization. A working committee review, revealed Mr. Johnson in the Journal of the insurance.

The record of the tax harmonization is always the order of the day. The RCCAQ had realized a significant gain for the brokers avoiding the establishment of a tax measure that could have been costly for brokerage firms. The agreement was three years and came to an end in 2016. It is, however, during the production of their next income tax return that brokers will see the scope of the end of these measures.

The introduction of the concept of collective insurance of damage also holds the attention of the RCCAQ. Just as the rise of digital and the means to empower the brokers in this environment.

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