Legislation News

The government of Alberta has announced that as of March 1, 2020, seniors’ family members (such as spouses and dependents) who are younger than 65 will no longer be covered by the provincial Coverage for Seniors program. Albertans 65 years of age and older will continue to be covered under the provincial plan. All Health Risk Services plan members and their dependents will continue to be covered under the parameters of their group benefits plan. For more information, please see the Alberta Seniors Health Benefits website.

Legislation News 2020

The Federal government’s budget on February 27, 2018 introduced changes that may affect your individual and family finances. Empire Life, one of Health Risk’s trusted Insurers, has provided a very informative infographic that we would like to share with you as it highlights what’s new and what’s gone in the 2018 Budget.

Empire Life 2018 Budget Infographic

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 diluted – the Government listened to the 21,000 submissions by simplifying and narrowing their approach.

Manulife 2018 Federal Budget Insight Article