Category Archives: News

Expanded Parental Leave Takes Effect Dec 3, 2017

Children playing and skipping outside

The much-anticipated legislation around Employment Insurance (EI) maternity benefits, parental leave, and caregiver benefits comes into effect Dec 3, 2017. This implementation date was recently announced by Jean-Yves Duclos, Minister of Families, Children and Social Development. The Canada Labour Code has been amended to include these recent changes. And, for employees in federally-regulated workplaces, they can choose […]

Saving for retirement is not easy

Education

Are retirement saving plans secure? Retirement saving plans have been making news headlines for a variety of reasons. One of those includes the security of pension plans when an employer runs into financial problems or is sold. Take for example the situation for workers at Sears Canada and Northstar Aerospace who may face a 19-24% […]

Rediscover the tax-saving ability of life insurance.

piggy bank wearing sun glasses

Over the past couple of weeks, a lot has been written about Finance Minister Bill Morneau’s proposal to fix the perceived unfairness in the way that private-business owners, family businesses, and incorporated professionals pay tax. While the proposal was not a surprise, it was the scope of the changes that many found alarming. In the […]

Will modernizing the Patented Medicines Regulations in Canada lead to savings?

a collection of prescription pills

The Patented Medicines Regulations, those rules that govern the pricing of pharmaceuticals in Canada, are about to change. Many would suggest that it’s about time. There have been no substantive changes in over 20 years and Canada pays some of the highest drug prices when compared to countries of the Organisation for Economic Co-operation and Development (OECD). […]