OHIP+ Youth Drug program – changes April 1, 2019

Background  In January 2018, the previous Ontario Liberal government launched OHIP+ Youth Drug program, with an estimated annual cost of $465 million. It was designed to provide coverage to all OHIP-insured dependents under the age of 25 for the roughly 4,400 drugs...

OHIP+ Being Repealed – In Part

Six months following the implementation of the OHIP+ drug coverage for Ontarians under the age of 25, the new provincial government is repealing it, at least in part. Effective January 1, 2018, all Ontario residents under the age of 25 received full reimbursement of...

Ontario – Universal drug coverage for Youth

The government of Ontario released its 2017 budget on Thursday April 27, 2017.  Contained within the 2017 budget was a surprise policy announcement: the creation of a new drug program called OHIP+: Children & Youth Pharmacare. This will benefit all Ontario...

Top Ten Year-Round Tax Tips

People will do almost anything to save on taxes, like claiming the family dog as a security system for their home business, or claiming their stamp-licking toddler as an employee. In her 18 years of accounting, Christie Henderson, managing partner of Henderson...

Teach Me: Retirement Plan Education

CAP members clearly need help with their investment decisions. What role should plan sponsors play in educating them? In December 2010, the Task Force on Financial Literacy produced its report, Canadians and Their Money: Building a brighter financial future. Not...

Retirement Compliance

It has been almost five years since the Retirement Capital Accumulation Plan (CAP) guidelines were introduced (December 31, 2005) in Canada. These guidelines are designed to ensure that plan members are receiving ongoing education and communication surrounding their...