Peace of mind through financial confidence

AFS Insights: Business Services

Majority of Canadians Want Financial Education in the Workplace: Survey

Financial wellness impacts engagement and productivity.  Organizations are at their best when their employees are at their best.  Does your health and wellness program include financial education? A survey by the Canadian Payroll Association identifies the impact of financial stress on employees in the workplace. Majority of Canadians Want Financial Education in the Workplace: Survey Benefitscanada.com… Read more »

CRA clarifies TOSI’s gross business income test

For a number of our incorporated clients, the new CRA Tax On Split Income (TOSI) rules are confusing.  These rules relate to splitting income and the resulting tax rates.  CRA has recently provided some examples to assist with interpretation.  Explore the following article to learn more… CRA clarifies TOSI’s gross business income test Investment Executive, Michelle Schriver |… Read more »

The Importance Of Disability Income Protection

The income we earn is a cornerstone for our personal financial well being. Our earnings go to lifestyle expenses such as family, rent/ mortgage, food, gas, etc. If, due to an accident or sickness, one of your employees was unable to work how would they manage? Access short-term savings? Borrow from family or friends? As… Read more »

Mental Health In The Workplace

In our fast paced work environment, for many of us it increasingly feels like we can get overwhelmed from time to time. Resilience and coping skills are essential for work/life balance. We all need to learn how to take it “one day at a time” and to put things in perspective and pay attention to… Read more »

Recent Changes In Employment Law

Many of our business clients find they spend a substantial amount of time managing the Human Resources side of their enterprise. Across Canada, there have been a number of changes to employment law recently. The following article is a very interesting overview of some of these changes in various Provinces and what employers need to… Read more »

Will BC Workplaces Go To Pot?

This article has been provided by Cissy Pau, Clear HR Consulting Practical Tips for BC Employers Now That Marijuana Is Legalized in Canada As of October 17, 2018, marijuana is now legalized in Canada. Whether you support this move or are strictly anti-cannabis, it’s now time for you, as an employer, to make sure your… 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 »

Federal Budget 2018

Finance Minister, Bill Morneau, delivered the majority Liberal government’s third Federal Budget on February 27, 2018. Budget 2018 announces no tax rate changes either personally or corporately and confirms the corporate tax rate reductions previously announced. The big news is that the passive investment proposals were better than expected. The original proposals have been significantly… Read more »

Improving Fairness in the Tax System by Closing Loopholes and Addressing Tax Planning Strategies

On July 18, 2017, the federal Liberal government released a consultation paper on proposed tax measures designed to close tax advantages used by certain high-income Canadians. This consultation paper follows their commitment in the March 2017 federal budget “to crack down on tax avoidance and evasion.” Specifically, the proposed measures are targeted at high-income Canadians… Read more »