Reporting wage and replacement benefits
Revenue Canada requires you to report wage replacement benefits as income; however, this amount is not considered to be taxable income. If you are receiving wage loss benefits we will send you a T5007 statement of benefits.
Reporting wage and replacement benefits\n\n Revenue Canada requires you to report wage replacement benefits as income; however, this amount is not considered to be taxable income. If you are receiving wage loss benefits we will send you a T5007 statement of benefits.