Provincial Parental Insurance Plan

Business, Legal & Accounting Glossary

Definition: Provincial Parental Insurance Plan


Provincial Parental Insurance Plan

Quick Summary of Provincial Parental Insurance Plan


A tax deduction that helps Canadian parents spend a year at home after the birth of a child. This income replacement plan supports all parents, including those who are adopting a child. Quebec has a similar plan called the Quebec Parental Insurance Plan (QPIP) which pays up to 75% of weekly income.




Synonyms For Provincial Parental Insurance Plan


PPIP


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Definition Sources


Definitions for Provincial Parental Insurance Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.