Benefits Tailored To The Changing Needs Of Canadians

Written by Anna Dorbyk

Increasingly, traditional benefits packages are disappearing fromrepparttar Canadian business landscape. Asrepparttar 135108 face ofrepparttar 135109 Canadian workforce continually changes, companies are finding it necessary to address these shifts. The reality for many employers is that it is becoming more and more difficult to recruit workers if they are not able to offer an attractive benefits package. It is not simply enough to offer affordable health insurance; there must also berepparttar 135110 option to choose. Today, many Canadians opt for a ‘cafeteria-style’ benefits package that offers themrepparttar 135111 freedom to design a customized benefits plan.

Although flexible benefits, commonly referred to as ‘cafeteria-style’, have been around for more than 20 years, they are only now gaining in popularity. Employers and workers alike are attracted torepparttar 135112 flexibility they offer. They allow individuals to choose from a menu of benefits what best suits their needs. By designing a unique combination of health care coverage, employees are able to provide themselves with a feeling of security and protection. These benefits can be offered by an employer in their employee benefits package, or can be bought through a private health insurance provider inrepparttar 135113 form of supplemental health coverage.

The American Dream, Has It Changed Us Or Have We Changed It?

Written by Scott Johnson

There is no doubt about it,repparttar way we handle money today has changed significantly torepparttar 135107 way our grandparents and parents handled it.

Overrepparttar 135108 last 40 years we have become a nation of consumers, instead of a nation of producers. We could be described as grazers living as a collective body, not knowing or realizing how far offrepparttar 135109 path we have strayed offrepparttar 135110 path.

Inrepparttar 135111 1950’s one would seldom hear of a person filing bankruptcy, being foreclosed on. Today however, if you live in a middle-class income neighborhood and drew a circle containing one hundred homes you would findrepparttar 135112 following:

At least one house would be empty from foreclosure, one foreclosure in process and, four to seven other neighbors who are more than three months behind on their house payment.

What has changed inrepparttar 135113 last 40 years has been a thing called debt. The family ofrepparttar 135114 late 1960s and 1970s, began to borrow! Banks and lending institutions began to aggressively market torepparttar 135115 American public and before long we were sold onrepparttar 135116 idea that borrowing was good. As a result, today we have financial products of all kinds and for all situations.

As a result, 2003 consumer debt surpassed 1.7 trillion dollars, credit cards account for almost half of that credit card debt.

Taking this into account, it is more difficult to building a secure financial future more difficult today then at any time prior. Not because there is a lack of investment vehicles to choose from, it is because we lack sufficient capital to invest. It is hard to be a “producer” when most of your money is tied up in debt and taxes.

What isrepparttar 135117 American Dream?

How does one achieverepparttar 135118 American Dream? The answer undoubtedly depends upon one’s definition ofrepparttar 135119 Dream. According to what our grandparents and parents told us,repparttar 135120 American dream was:

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