Canadians can save for retirement by opening a registered retirement savings plan (RRSP). However, RRSPs have strict rules surrounding funding, including maximum contribution limits. The team at Group Enroll this guide to explain what happens if you...
If you are running a business, your transactions may have different financial consequences depending on whether, or not, an employee is an arm's length employee. For taxation, employment insurance, and other matters, the Canadian government distinguishes between arm's...
Business owners across Canada overcome countless challenges every day in the course of normal operations. Fortunately, establishing quality workspaces is now easier than ever before. With Human Resource Information System (HRIS) software, business owners can...
Physical and mental disabilities make it challenging for individuals to maintain financial security or work. A Registered Disability Savings Plan (RDSP) gives disabled citizens a way to save money. Individuals wondering, "What is an RDSP?" may be eligible to start a...
One of the most important things on Canadian citizens' minds is planning for retirement. Fortunately, Canadians can choose between several account types to help them pay for retirement. A Life Income Fund (LIF) can help you smartly save for retirement. The team...
One of the most important things business owners worry about is planning for retirement. Many business owners opt for an individual pension plan to solve this problem. The Group Enroll team put together this guide to answer the question, "What is an IPP?" We will...
Though Canada provides universal healthcare to its citizens, our taxes do not cover certain health-related services. For example, though dental care, eye care, and prescription medicines are integral to maintaining a healthy lifestyle, they are excluded from the...
Inflation in Canada ballooned to 5.7% this February, the highest the country’s inflation rate has been in 30 years. Unfortunately, that spike has caused the cost of living to skyrocket, and Canadians will see the impacts everywhere they look. Gas, groceries, and other...
When deciding on a retirement plan, the debate typically settles around LIRA vs. RRSP, the two most popular savings options in Canada. However, if you’re new to full-time work or retirement planning, you might not know about either option. Despite their equal...
Health insurance in Canada covers some or all of the cost of speech therapy sessions. Speech therapy helps people improve their quality of life, self-esteem, and ability to lead productive lives. Speech therapy sessions can be an essential part of treatment for...
