Peace of mind through financial confidence

AFS Insights: Employee Benefits

The new Canadian Dental Plan will Impact Your Taxes

Earlier this year, the government shared its progress on the Canadian Dental Care Plan (CDCP). The CDCP will be available to Canadians with an annual family income of less than $90,000 who do not have dental benefits. Co-pays will be waived for eligible Canadians with a family income of less than $70,000. Canadians who have… Read more »

Updated Covid-19 Travel Restrictions

Planning on traveling for Spring Break? Think again. Coronavirus disease (COVID-19): Travel restrictions, exemptions and advice Highlights of the current Travel Restrictions: To limit the spread of COVID-19, the Government of Canada advises that you avoid non-essential travel outside of Canada and all travel on cruise ships outside of Canada until further notice Travel within… Read more »

October is Canada’s Healthy Workplace Month

As we’re rounding off 6 months of life during COVID-19, everyone’s stress levels may be back at an all-time high. But the fall can be a great time to re-energize and re-fresh with the changing of the season, and since we spend the majority of our time working (either at home or in the office)… Read more »

Employee Assistance Programs and Financial Wellness

When thinking of an employee benefits program, what comes first to mind? Life insurance, extended health care, dental? However, one group benefit is becoming ever more popular, and important. Employee Assistance Programs (EAPs) and other wellness programs often can be included in an employee benefits package with little to no cost and provide a wealth… Read more »

BC Government Proposed Amendments to Employment Standards Act

On April 9, 2018, the Minister of Labour announced proposed changes to B.C. employment law that would provide mothers more time off work before and after giving birth, as well as giving parents more leave if they are suffering from the death or disappearance of a child. The proposed amendments include: Pregnancy leave: Allowing mothers to… Read more »

Health and Wellness in the Workplace

According to the 2017 SANOFI Canada healthcare survey, only 51% of employers offer wellness programs and just 31% plan to invest more in health and wellness. However, employees in work environments that encourage health and wellness are more satisfied, more positive about their benefits and even more willing to help control costs. Wellness programs include… Read more »

Employee Benefits Plan Administration

With all businesses, your workforce evolves as time goes by.  The Plan Administrator is responsible for keeping your benefits plan up-to-date, to ensure your employees receive their full benefits coverage and the correct premiums are being paid. Employee benefit plan administrators are often different in every business.  Administration may be handled by the owner, accountant,… Read more »

Health and Wellness is the Key to Growth

Over the past 20 years employee health and wellness has been on the decline (read more about this concerning trend here).  Encouraging your employees to engage in a healthy lifestyle will not only make them more productive on the job, it can also help reduce the costs of your Employee Benefits Program. To help your… Read more »

Why Offer Employee Benefits?

For a business to be successful, you need great PEOPLE.  We continue to hear employees are a business’ most valuable asset; therefore, it’s important to protect your employees.  For many employers, the need to retain key talent and attract new employees would be difficult (and sometimes impossible) without a comprehensive employee benefits program. When employers… Read more »