As a travel insurance specialist, I have advocated for consumer protection with doctors and insurance companies. For you, the consumer, I am here to educate and provide you with knowledge and understanding of the products you are purchasing.
The CCIR came up with a consumer survey on travel insurance to which results were posted in 2016. Further to the survey, recommendations were made by the CCIR on Travel Insurance Reforms that were posted on May 31, 2017. The goal is to enhance consumer protection and increase confidence in travel health insurance products.
Read more or Contact Me for a copy of the recommendations surrounding definitions, eligibility, exclusions…
Starting on May 11th, 2017, a Toronto restaurant has added a three per cent surcharge to each bill in order to cover its new employee benefits program.
“We needed to bring in more money to pay for the benefits,” says Heather Mee, co-owner of Emma’s Country Kitchen. “It’s either raising our prices or [the surcharge, and] for us, this was a more honest and transparent way of doing that. . . . If there’s a clear, separate item, we can track it easily. We’re accountable to the fact that it’s not going into our pockets. It’s going only into the benefits program.” Read more…
It seems like a logical choice. Instead of paying a professional to be your executor, why not choose a beneficiary to do the job instead? It can work, but mixing those roles can create complications for an estate. Read more
In an apparent reversal and amid rising opposition, Prime Minister Justin Trudeau said taxing employer-provided health benefits for Canadians is not in his budget agenda.
Trudeau was questioned about the issue again Wednesday in the House of Commons by interim Conservative Leader Rona Ambrose… Read more
First-time home buyers in Ontario may now claim a higher Land Transfer Tax refund.
The government says more than half of the first-time eligible home buyers in the province will now be able to avoid paying any Land Transfer Tax…Read more
Ontario’s Trillium drug plan has announced it’s modernizing its systems and infrastructure and has refocused efforts on altering the way co-ordination of benefits takes place with private drug plans beginning in the fall of 2017.
This development isn’t a change to Trillium regulations but is simply a refocused effort to make Trillium a first payer…Read more
Excess contributions to RRSPs and TFSAs can lead to penalty taxes, so advisors and investors should be mindful of the rules. For this article, we’ll focus on excess contributions to TFSAs and discuss options for dealing with excess TFSA amounts. Read more…
CRA has posted changes to services for the 2017 tax-filing season. The following are new:
- Express NOA, ReFILE for Efilers, Pre-authorized debit for EFILE, Represent a Client…
- Also read about Important Year End Tax Deadlines… Read more
Who could have ever imagined, even a few years ago, that money would become virtual? Not so long ago, we could have thought that credit cards represented the end of currency evolution, but that was before the emergence of bitcoin.
For those who haven’t been paying attention, bitcoin is a digital currency…read more
More than half of the Millennials in Ontario do not have a individual insurance policy on their mortgages.
The Financial Services Commission of Ontario (FSCO) recently hired Environics Research to discover how much Millennials know about mortgages. The poll found that 47% of those between the ages of 25 to 34 were “not very” or “not at all” confident about the subject, and only 12% described themselves as “very confident” when dealing with banks and other lenders. Read more…