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The 1% Manitoba Retail Sales Tax increase affects your Credit Protection premiums

At TD we are committed to keeping you informed about matters that affect your accounts and the services we provide.

On July 1, 2013 the Manitoba government will increase the Retail Sales Tax rate from 7% to 8%. This 1% increase is expected to last for a ten-year period ending June 30, 2023. The new 8% tax rate will be applied to all Credit Protection insurance premiums that become due on or after July 1, 2013 for the following products:

  • TD Canada Trust Mortgage
  • TD Canada Trust Loan
  • TD Canada Trust Line of Credit (including Home Equity Line of Credit)

It will also be applied to Balance Protection Insurance on a TD Canada Trust Credit Card and Business Credit Life Insurance on TD Canada Trust business credit products.

Your coverage is not affected in any way and there is no action required on your part.

If you have questions regarding the tax increase, please contact:

Manitoba Finance, Taxation Division,
101-401 York Avenue,
Winnipeg, Manitoba R3C 0P8

Monday through Friday, from 8:30 a.m. to 4:30 p.m. (Central).

Telephone: (204) 945-5603
Toll-free within Manitoba: 1-800-782-0318
Fax: (204) 948-2087

For more information or questions related to your Balance Protection Insurance on a TD Canada Trust credit card, please call Assurant Solutions at 1-866-315-9069.

For more information on your Credit Protection insurance on your TD Canada Trust mortgage, loan, line of credit or business credit please call 1-888-983-7070 to speak to a TD customer service representative.

Both toll-free information services are available Monday to Friday, 8:00 a.m. to 8:00 p.m. ET.