coronavirus pandemic Archives

A focus on financial wellness: One reason why family businesses outperform

Leave a Comment / Wealth and Financial Planning / By Bridgewell Financial

If there was an uplifting business story that emerged from the coronavirus pandemic—and despite the often dire headlines, there were many—it was the relatively strong performance of family businesses in Canada. While they were dealt an immediate financial blow as the COVID-19 crisis took hold and social distancing restrictions impacted organizations across sectors, their resiliency …

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Optimize your group benefits plan with a focus on total wellness

Leave a Comment / Group Benefits / By Bridgewell Financial

Your organization has a comprehensive group benefits plan with strong medical, life and dental coverage. Maybe it has a mental health services component and even a health spending account that allows employees to spend in areas that suit their lifestyle needs. If your package looks like this, congratulations—you’re ahead of the curve when it comes …

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Key takeaways from the inaugural edition of The Bridgewell Sessions

Leave a Comment / Group Benefits / By Bridgewell Financial

Hybrid, flexible work will be a permanent feature across North American workplaces as we slowly emerge from the coronavirus pandemic—and virtual benefits are not only here to stay, but will become an increasingly important aspect of the employee group benefits experience. Those were two of the most important insights that were exchanged during last week’s …

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Why now is the perfect time for a financial wellness re-set

Leave a Comment / Wealth and Financial Planning / By Bridgewell Financial

There comes a point during any lengthy period of adversity when the most immediate challenges begin to subside and we get a chance to step back, re-assess the situation and take stock of all that’s just unfolded. Like the fourth wave of a major global pandemic, for example. This economic, public health, financial and social …

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Does your total compensation package reflect the new hybrid work reality?

Leave a Comment / Group Benefits / By Bridgewell Financial

The great Canadian hybrid work experiment is underway. Organizations large and small are rolling out new workplace policies and performance expectations tailored to the post-pandemic world—one where many employers will allow staff to continue working remotely, at least part of the time. There’s only one problem: most haven’t had the opportunity to properly review and …

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Developing a plan for the most emotionally-charged asset you’ll ever own: the family cottage

Leave a Comment / Wealth and Financial Planning / By Bridgewell Financial

In the first of this two-part blog, we look at the emotional aspects of managing a family cottage—and the importance of developing a plan to help address issues proactively before they create avoidable financial and family governance challenges. The Victoria Day long weekend is more than a statutory holiday across much of the country—it’s the …

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Adapting your group benefits plan to enhance workplace mental health

Leave a Comment / Group Benefits / By Bridgewell Financial

Many organizations tend to excel at addressing the kind of employee health conditions that can be diagnosed and treated. If a team member announces they have a blocked artery or a broken arm, for example, most companies are well equipped to offer workplace accommodations or medical leave—often through traditional group benefits programs that are designed …

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What the 2021 federal budget means to your financial well-being

Leave a Comment / News, Wealth and Financial Planning / By Bridgewell Financial

One of the most striking features of the 2021 federal budget —the first tabled in the COVID-19 era— was what it didn’t include. While it did contain some highly-targeted tax increases, it spared Canadians from any change to personal or corporate taxes or to the capital gains exemption rate, as some finance insiders had warned. …

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