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Spring Into Better Health

13

Apr 2016

Spring Into Better Health

Finally, the nice weather has arrived and we can pack away our winter wardrobe! As we shed bulky sweaters and coats we slip into our sandals and colourful spring/summer attire. With that comes the ease of kicking the extra winter weight gain to the curb! By ease, I don’t mean it’s easy to lose but it’s definitely easy to get outside and be more active....

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10

Feb 2016

Federal Taxation of Group Benefits Premiums

If you provide group benefits to your employees, here’s a question you should be asking: Are employer-paid premiums considered a taxable benefit to the employee? If you pay for or give an employee a benefit or service above and beyond their salary, Canada Revenue Agency (CRA) will generally require you to include the value of that benefit or service in the employee’s income. Most, but...

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05

Feb 2016

Are You Paying Too Much for Brand-Name Drugs?

Prescription medication can put a lot of pressure on your employee benefits budget. That’s because researching, developing and launching a new prescription drug is an expensive undertaking. But once that new drug has been developed, copying it for sale as a generic drug is a relatively straightforward procedure. New drugs are patent-protected. To ensure continued investment by pharmaceutical companies, innovating pharmaceutical companies are given exclusive...

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