For business owners, one of the keys to achieving long-term financial wellness is to develop a plan that allows them to eventually leave their business behind and retire—or transition to the next phase of their always-busy lives. Because entrepreneurs typically lack any kind of formal pension, their corporation and personal assets are their golden-year nest …
The surprising complexity of business succession Read More »
One of the many joys of summer is the opportunity to get up close and personal with nature. That could mean weekend cottage visits, camping trips or vacations to some pristine destination across Canada. The chance to unwind, relax and rebalance is a key part of promoting well-being before we dive head-long back into work …
What we can learn about financial goal-setting from the seat of a canoe Read More »
The great Canadian hybrid work experiment is underway. Organizations large and small are rolling out new workplace policies and performance expectations tailored to the post-pandemic world—one where many employers will allow staff to continue working remotely, at least part of the time. There’s only one problem: most haven’t had the opportunity to properly review and …
Does your total compensation package reflect the new hybrid work reality? Read More »
Of the many illnesses that touch Canadian lives, cancer is by far one of the most common. Only heart disease and stroke are more pervasive, with one in two Canadians expected to develop cancer within their lifetimes. Those numbers are staggering. What’s heartening, however, is that an ever-increasing number of cancers are fully curable, while …
The importance of supporting employees’ whole well-being Read More »
It’s hard to remember a time when we didn’t celebrate Pride Month across Canadian workplaces. June is an opportunity to acknowledge LGBTQ+ employees, leaders, industry partners and suppliers. Perhaps most importantly, it’s a chance to recognize the value that members of the community deliver as skilled professionals, colleagues and friends. It’s also an opportunity to …
LGBTQ+ community sees progress on workplace group benefits and insurance Read More »
As we noted in our last blog on the many emotional aspects of owning a family cottage, issues such as property usage or joint ownership need to be carefully managed to prevent your dream getaway from turning into a source of inter-family squabbles. But what about the tax and legal implications of owning a vacation …
Family cottage succession: Key tax and legal considerations Read More »
In the first of this two-part blog, we look at the emotional aspects of managing a family cottage—and the importance of developing a plan to help address issues proactively before they create avoidable financial and family governance challenges. The Victoria Day long weekend is more than a statutory holiday across much of the country—it’s the …
Many organizations tend to excel at addressing the kind of employee health conditions that can be diagnosed and treated. If a team member announces they have a blocked artery or a broken arm, for example, most companies are well equipped to offer workplace accommodations or medical leave—often through traditional group benefits programs that are designed …
Adapting your group benefits plan to enhance workplace mental health Read More »
One of the most striking features of the 2021 federal budget —the first tabled in the COVID-19 era— was what it didn’t include. While it did contain some highly-targeted tax increases, it spared Canadians from any change to personal or corporate taxes or to the capital gains exemption rate, as some finance insiders had warned. …
What the 2021 federal budget means to your financial well-being Read More »
Once the dust has settled, a new normal has taken hold and we have time to catch our breath to reflect on the COVID-19 crisis, we can begin to fully assess its impact. What we already know is that the pandemic’s widespread economic, health and social repercussions have transformed Canadians’ lives in countless ways. The …
How Canada’s insurers have pivoted in the face of COVID-19 Read More »
