When you spend your hard-earned money and your time planning the perfect vacation, sometimes the last thing you think about is ensuring that you have adequate travel insurance in place. But the risk of needing emergency medical assistance while you're away is great. We hope that...
As tax season is approaching we wanted to send a few quick reminders about items to include in your personal return: Medical expenses-qualifying medical expenses may be claimed for a non-refundable tax credit on your personal tax return. Dependents for this credit include those people in...
A Health Spending Account (HSA) is a Canada Revenue Agency approved method to provide medical, dental and vision benefits tax efficiently. Ideal for incorporated business owners, you only need one person, and you only pay for what you use. Claims are 100% tax deductible to your business,...
Did you know that you can only be away for a certain length of time in order to maintain your provincial health care coverage? If you or your family members are going to be travelling or away for more than 6 consecutive months, it is important...
Need a refresher about the taxation of benefits premiums? This handy guide can help ensure that your payroll and tax reporting aligns with provincial and federal requirements: Click here to download our Group Benefits Taxation; Quick facts...
Many businesses are unaware of how the recent introduction of Bill 17 in Alberta will impact their business, their benefits, and compensation for all employees. The Fair and Family-Friendly Workplaces Act came in to effect 1 Jan 2018 with the intention of modernizing provincial workplace...
Administering a benefits plan is an important job that requires time, effort, and education. With a new year underway, we thought it timely to provide a bit of a refresher to help you avoid mishaps and ensure the successful administration of your plan. Check your Business...
During Vital Partners’ recent panel discussion on Disability Management, panelists Jill Wilkie of Miller Thompson, Carol Laisnez of Dynamic Insight Corp., and Alannah Turner of Salopek Associates Inc considered duty to accommodate and provided examples of how these manifest in the workplace. Under Human Rights Legislation,...
You may have heard that the Alberta Dental Association and College (ADAC) recently released its first new Dental Fee Guide since 1997. The ADAC fee guide and details can be found here: Alberta Dental Association and College Dental Fee Guide How will this affect benefit plans? This...
The federal government has announced an increase in the employment insurance maximum insurable earnings for 2018. Starting on January 1, 2018, the maximum insurable earnings will be $51,700 per year. The maximum benefit amount will then be $547 per week. Benefits plans that participate in the...
