The Ontario Health Premium is administered and collected by the:

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Prepare for the Canadian Payroll Compliance Legislation Exam. Study with multiple choice questions, each accompanied by hints and explanations. Get ready for your certification exam!

Multiple Choice

The Ontario Health Premium is administered and collected by the:

Explanation:
The Ontario Health Premium is tied into the personal income tax system and is administered and collected by the Canada Revenue Agency on behalf of Ontario. This means the CRA handles the calculation, withholding through payroll, and remittance as part of Ontario taxes, rather than the province’s treasury or individual employers. The Ontario Ministry of Finance would set the policy and rates, but the actual collection goes through the federal tax system. The Public Health Agency has no role in administering or collecting this premium.

The Ontario Health Premium is tied into the personal income tax system and is administered and collected by the Canada Revenue Agency on behalf of Ontario. This means the CRA handles the calculation, withholding through payroll, and remittance as part of Ontario taxes, rather than the province’s treasury or individual employers. The Ontario Ministry of Finance would set the policy and rates, but the actual collection goes through the federal tax system. The Public Health Agency has no role in administering or collecting this premium.

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