When it comes to group benefits in Canada, most business owners aren’t short on questions—they’re short on clear, practical answers. Over the past several years, the employee benefits landscape has become more complex. Rising costs, changing employee expectations, and industry consolidation have made it harder for employers to feel confident in their decisions. We’ve had […]
As travel plans pick up throughout the year, we want to share an important reminder about how Government of Canada travel advisories can affect your insurance coverage while travelling outside Canada. Many individuals and employees have travel coverage through: Group benefit plans (emergency medical travel coverage) Individual or family travel insurance policies Credit card or […]
Navigating cancer care within the workplace can be challenging—for both employees and employers. As cancer increasingly impacts working-age Canadians, a proactive, well-supported strategy is essential. Here’s how a cancer-care support approach can strengthen your workplace—and how your Capcorp Benefit Advisor can help every step of the way: 1. Promote Prevention in the Workplace How Capcorp […]
In today’s employment landscape, organizations are challenged with balancing competitive compensation while managing company finances effectively. Today’s employees are looking for more than just a competitive salary, they want total compensation that provides overall financial security in relation to the cost of living, healthcare coverage, and a clear path toward retirement. Implement a Group Savings […]
As a business owner, your employees are your greatest asset. You strive to provide them with the best support possible, including comprehensive healthcare benefits. However, when it comes to mental health, traditional insurance plans may fall short. That’s where a Healthcare Spending Account (HSA) steps in, offering a powerful solution to bridge the gap and […]
Benchmarking is the practice of comparing a company’s business processes, performance metrics, or offerings to those of other businesses, especially the best practices from industry leaders or direct competitors. In the context of Employee Benefits and Group Savings, benchmarking involves analyzing the benefits and savings plans that your organization offers against what other companies in […]
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 […]
FINANCIAL SECURITY & PEACE OF MIND Most Canadians worry about their retirement savings and struggle to save. An employer that delivers on these two concerns lowers the collective stress of its workforce. Employers rest with the knowledge that long-term employees can retire well and at a healthier age. HIGHER ACCOUNT BALANCES Low management fees lead […]
HealthPlus is a Private Health Services Plan. Used by thousands of business owners across Canada, a PHSP enables the business to deduct 100% of the family’s health and dental expenses incurred by themselves and their employees as a business expense. One of the great benefits of our plan is that it gives you the freedom […]
Whether you’re an employee or self-employed, you are required to contribute to the Canada Pension Plan (CPP), recently you may have noticed that the amount you’re required to contribute has been slowly climbing. What many don’t know, is that there is a second stage of the Canada Pension Plan (CPP) expansion, which entails further increased […]
