Generic Ozempic Is Here. Will Your Drug Plan Actually Save Money?

Generic semaglutide (the active ingredient in Ozempic) is now available in Canada, and it has the potential to meaningfully reduce drug costs for employer-sponsored benefits plans. But savings are not automatic. Without the right plan design in place, many members may stay on the brand-name drug and costs could remain unchanged. Here is what plan sponsors need to know and do right now.

What Happens to Your Group Benefits When You Leave a Job?

Most Canadians do not think about their group benefits until the day they leave a job, and by then, the clock is already ticking. Health and dental coverage typically ends on your last day. But here is the part many people miss: your group life insurance comes with a conversion privilege that lets you carry it over to an individual policy without a medical exam. The window to act is usually just 31 days. Whether you are changing jobs, being laid off, or heading out on your own, knowing your options before your last day makes a real difference. Here is what to know.

What Is Participating Whole Life Insurance?

Participating whole life insurance is a permanent policy that does more than protect your family — it builds cash value and pays dividends over time. Learn how it works, who it's for, and how it compares to other types of life insurance.

Tax Lines to Look Out For on Your 2025 Canadian Tax Return

The 2025 tax year brings a lower federal tax rate, higher contribution limits, and several eliminated credits. From the new Canada Disability Benefit to changes in CPP2 and capital gains rules, here are the key lines to watch when filing your 2025 Canadian tax return.

2026 Canada Money Facts

2026 Canada Money Facts – Get the latest TFSA, RRSP, FHSA, CPP, OAS, and RESP limits. Stay informed on savings, pensions, and benefits for the year ahead!

B.C. Budget 2026: What It Means for You

The B.C. Budget 2026 introduces a lowest tax rate increase from 5.06% to 5.6% on the first $50,363 of income. PST will now apply to accounting, engineering, and strata fees. Property taxes are rising for luxury and rural homes. However, a new $6,000 disability benefit and doubled volunteer credit provide some relief.

Tax-Free Savings Account vs Registered Retirement Savings Plan

Tax-Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs) are two of the most effective tools Canadians can use to save tax-efficiently. While TFSAs offer tax-free growth and flexible access, RRSPs provide tax-deductible contributions and tax-deferred growth. Understanding how each account works — and how withdrawals affect taxes and benefits — can help you decide when to use one, the other, or both.

2026 Financial Calendar

Managing your finances effectively begins with staying informed about important dates and deadlines throughout the year. This comprehensive guide outlines key financial milestones, including tax deadlines, benefit payment schedules, and contribution opportunities, to help you stay organized and on track. Whether you're planning for tax season, reviewing your investments, or ensuring timely payments, this calendar provides everything you need to navigate the year with confidence. Take a moment to familiarize yourself with these essential details and set yourself up for a smooth and successful 2026.

NEWS + SUPPORT

Keep up to date with the latest news and helpful websites that share important information related to your business and personal financial needs.

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Redesigning Group Benefits: Balancing Cost and Employee Value

As benefits advisors, we see employers struggling to balance rising costs with employee expectations for flexibility and support. This article explores what employees value most, the risks of cutting coverage, and how data-driven strategies can help organizations redesign plans that deliver both cost control and employee satisfaction.
Read more

Generic Ozempic Is Here. Will Your Drug Plan Actually Save Money?

Generic semaglutide (the active ingredient in Ozempic) is now available in Canada, and it has the potential to meaningfully reduce drug costs for employer-sponsored benefits plans. But savings are not automatic. Without the right plan design in place, many members may stay on the brand-name drug and costs could remain unchanged. Here is what plan sponsors need to know and do right now.
Read more

What Happens to Your Group Benefits When You Leave a Job?

Most Canadians do not think about their group benefits until the day they leave a job, and by then, the clock is already ticking. Health and dental coverage typically ends on your last day. But here is the part many people miss: your group life insurance comes with a conversion privilege that lets you carry it over to an individual policy without a medical exam. The window to act is usually just 31 days. Whether you are changing jobs, being laid off, or heading out on your own, knowing your options before your last day makes a real difference. Here is what to know.
Read more

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V1Y 0B5

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Creststone Wealth is a financial planning, investing + insurance firm located in British Columbia, serving clients across Canada.

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OUR DEALER

Insurance products, including segregated fund policies and health insurance are offered through Creststone Wealth, and Investment Representatives Stephen Cameron, Gail Winzoski, Rochelle Noren, Terry Sorensen and Bharpur Singh Gill offer mutual funds and referral arrangements through Quadrus Investment Services Ltd.

Quadrus Investment Services Ltd. and design are trademarks of Quadrus Investment Services Ltd. Used with permission.