I think the safe answer is “not necessarily”. The specific answer to your question is that in the case of Ontario, it insures approximately the first $1,000 of lost pension income, so if you lose more than $1,000, you could assume, if it were narrowly drafted and drafted in such a way as to incorporate any provincial benefits, that you would not receive a tax credit for that first $1,000 that Ontario covers; for any additional amounts that you lose that were not covered by the Province of Ontario, you could imagine that you would receive a tax credit.
Again, owing to legislative ambiguities with respect to the drafting, we didn't necessarily take that into account.