To make up for those premiums, the province is introducing a health-care payroll tax on employers starting Jan. 1, 2019, that will eventually bring in $1.9-billion a year. The rate for large companies will be 1.95 per cent. Small companies with payrolls of less than $500,000 will be exempt, while companies with payrolls of between $500,000 and $1.5-million will pay a reduced rate.
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