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Group Retirement Programs: A Tax-Efficient Way to Save for the Future

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Planning for retirement is an essential financial goal for Canadians, and group retirement programs offer a structured and tax-efficient way to achieve it. These employer-sponsored plans provide numerous benefits, both in terms of long-term wealth accumulation and immediate tax advantages. As tax season approaches, understanding how contributions to these plans can positively impact your tax […]

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The Impact of New Tariffs on the Canadian Craft Beer Industry

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The Canadian craft beer industry, which has experienced rapid growth and development over the last two decades, is now facing an evolving set of challenges due to the imposition of new tariffs. These tariffs, introduced on a range of imported goods, have raised concerns among Canadian craft brewers, whose businesses often rely on both domestic

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Merry Christmas and a Happy New Year from East Coast Employee Benefits!

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Season’s Greetings from East Coast Employee Benefits! As 2024 comes to a close, we’re thrilled to bring you some exciting updates about employee benefits in 2025. Our focus remains on providing you with tailored solutions that prioritize your employees’ well-being and financial security. Here’s what’s on the horizon for the new year: Enhanced Group Benefits

Merry Christmas and a Happy New Year from East Coast Employee Benefits! Read More »

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What is the National Strategy for Eye Care Act, the Pros and Cons and the impact on Group Benefits.

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The National Strategy for Eye Care Act (Bill C-284), recently passed in Canada, aims to address significant gaps in vision health care. Overall, it is a transformative step for vision health in Canada, addressing a critical health issue while posing challenges in execution and funding. Its success will rely on sustained commitment, collaboration, and resource

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The unlikely, but possible, 25% tariffs on Prescription Medications and Medical Equipment and the potential impacts on Canadian Insurance Premiums.

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The imposition of a 25% tariff on Canadian goods by the U.S. could indirectly affect the pharmaceutical sector and have broader economic consequences, including potential impacts on employee group insurance plan premiums. Here’s how: 1. Increased Costs for Pharmaceutical Ingredients Many active pharmaceutical ingredients (APIs) used in Canadian medications are sourced internationally, including from the U.S. Tariffs

The unlikely, but possible, 25% tariffs on Prescription Medications and Medical Equipment and the potential impacts on Canadian Insurance Premiums. Read More »

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The Lack of Family Doctors Crisis in Canada: Can Virtual Care Help?

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Canada’s healthcare system is renowned worldwide, but it’s facing a growing crisis: the shortage of family doctors. More than 5 million Canadians — nearly one in every seven people — don’t have a family doctor, and this gap is contributing to significant strain on emergency rooms and urgent care centers. Many Canadians are struggling to

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