Articles & Insights
Adding Our Voice to Pharmacare
Through Cox Financial Group’s membership of the The Benefits Alliance Group we have been hard at work advocating for a better version of Pharmacare on behalf of Canadians. Canada’s new—and only—national advocacy body for plan sponsors and plan members has earned a seat at the pharmacare table. “Our voice is resonating,” says Carolyne Eagan, principal…
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Spring 2024 Market Update
Investment markets continued their impressive march higher in the first quarter of 2024, with euphoric returns in tech-related stocks continuing to exceed expectations. Namely, NVIDIA and Meta (formerly known as Facebook). While market breadth has improved in 2024, mega-cap stocks with ties to artificial intelligence continue to defy gravity. This has resulted in markets reaching…
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Canada Dental Benefit Programs – What you need to know
Click below to download a useful summary of the Canada Dental Benefit Programs that helps summarize what you need to know about: If you have questions or want to discuss considerations of your benefits plan, please do not hesitate to contact us. This content is powered by the Benefits Alliance Group. Cox Financial Group is…
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Winter 2023 Market Update
Our 2023 Winter Market Update starts much like the 2022 version: November provided a considerable rebound in most markets, posting one of its largest rallies on record. After challenging months in September and October caused by renewed concerns about inflation and interest rates continuing to rise, major stock markets are closing in on all-time highs…
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NEW Employee Perks & Resources
NEW Employee Perks & Resources We are always seeking ways to provide additional value to you as one of your trusted business partners. Now you can compete and retain talent like the big employers by offering your team free access to Trusted Resources who will help your team members in their journey toward financial security…
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Fall 2023 Market Update
We head into fall with no shortage of financial & economic headlines. In the past few weeks, both the Bank of Canada and the U.S. Central Bank maintained their overnight interest rates at 5% and 5.5%, respectively. More importantly, both agencies have indicated their intentions to leave rates higher for longer. Unfortunately, this has brought…
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Financial Worries Eat Up Work Time
Financial Worries Eat Up Work Time When it comes to their finances, Canadians are stressed. A survey by Manulife and Angus Reid in late 2022 found that almost three out of four Canadian workers are concerned about their level of financial stress. “Finances are top of mind for most Canadians,” says Brenda Mullen, Senior Consultant, Employee Retirement…
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Virtual Care: All in the Delivery
Virtual Care: All in the Delivery When the COVID-19 pandemic hit, virtual care was in its infancy. Then overnight it seemed that patients were connecting with their clinicians by phone, computer or SMS, not only for medical advice but also for prescriptions, referrals, lab work and diagnostic tests. Fast forward three years and virtual care…
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Wherefore Pharmacare?
Wherefore Pharmacare? With less than four months to go for the federal government to table legislation to enact a national pharmacare program in Canada, the silence is deafening. And Benefits Alliance’s advocacy committee says it’s high time that employers with private drug plans raise their voices to be part of the conversation on what happens…
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Summer 2023 Market Update
The summer began on an optimistic note for stock markets, with the S&P 500 closing the first half of this year with a gain of more than 20% since its October 2022 low. As a result, many believe that this was the start of a new bull market cycle. However, in my opinion, I don’t…
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