Capital Gains: 2025 Update

In April 2024, the Government of Canada announced a proposed increase to the change in the capital gains “inclusion rate” from ½ to 2/3rds for dispositions on or after June 25, 2024. However, with no legislation on the table in Parliament, and with Parliament currently prorogued, there was uncertainty whether this change would become law,…

Why Your Business Needs Video Marketing in 2025 (Hint: It’s Not Just a Trend)

Let’s cut to the chase—if your brand isn’t leveraging video marketing yet, you’re leaving money (and attention) on the table. With video content projected to dominate over 80% of all internet traffic in 2025, it’s no longer a “nice-to-have”—it’s a must. And no, we’re not just talking about polished commercials or cringe-worthy corporate montages. Today’s…

GST/HST Holiday: What You Need to Know

GST/HST “Holiday”: Temporary Tax Relief on Select Essentials On November 21, 2024, the Government of Canada announced a temporary Goods and Services Tax/Harmonized Sales Tax (GST/HST) relief on select holiday essentials. This measure applies from December 14, 2024, to February 15, 2025, offering temporary support to Canadians by removing GST/HST on specific categories of goods…

Health Spending Accounts vs. Lifestyle Accounts: What’s the Difference?

Health Spending Accounts vs. Lifestyle Accounts: What’s the Difference? When it comes to employee benefits, many businesses are exploring ways to add flexibility and value beyond traditional health insurance. Health Spending Accounts (HSAs) and Lifestyle Accounts are two popular options that provide employees with discretionary funds for specific types of expenses. But what’s the difference…

Understanding Cost Share

Understanding Cost Share in Employee Benefits: Balancing the Premiums When managing an employee benefits plan, one key factor often goes overlooked: cost share. Cost share defines how the premiums for benefits are split between employees and employers. Surprisingly, for small to mid-sized companies, this component can make a substantial difference in how benefits are perceived,…

The Why for your Employee Benefits

When it comes to employee benefits, the real question isn’t about cost. Instead, it’s about understanding why you offer a benefit plan in the first place. Too often, companies get caught up in budget discussions, focusing on what the plan costs without fully appreciating the purpose behind it. But without a clear sense of purpose,…

2024 Federal Budget Snapshot

On April 16, 2024, the Minister of Finance tabled the 2024 Federal Budget. While no changes were made to the federal personal or corporate tax rates, there are some key changes to be aware of: Effective June 25, 2024, the inclusion rate on any capital gains in a corporation or trust will increase from 1/2…

Should Your Marketing Strategy Include TikTok?

It’s no secret… We have to start paying attention to video in our marketing strategies, people. TikTok has emerged as a powerhouse platform, capturing the attention of millions worldwide. But the burning question for many entrepreneurs is: should your business take the leap into TikTok? Let’s cut through the noise and look at some critical…