A MESSAGE From Selectpath

Summer is a busy time for most of us. We hope you had time to enjoy the weather and took some time off. But while you were away from the office, or simply busy managing your business, changes are taking place that affect employers and how you manage your employee benefits program.

In this issue there are three significant issues we'd like to bring to your attention. If you have any questions at all please contact your Benefits Specialist.

 

FEATURED ARTICLES:

Few companies are addressing aging workforce issues yet
Gord Hart, Partner, Employee Benefits & Pensions

Almost 80% of Canadian organizations believe they will face the consequences of an aging workforce within the next five years, but few are taking steps now to address impending retirement-induced labour shortages, according to a Conference Board of Canada survey..

Click here for more on the surveys results..

Cancer Care Ontario proposal could put pressure on employers
Gord Hart, Partner, Employee Benefits & Pensions

A Cancer Care Ontario recommendation that Ontario cancer patients be allowed to pay for unfunded, intravenous drugs and infusion costs in public hospitals could put pressure on employers and their insurers to cover the cost of these expensive treatments.

Click here to read more.

What you need to know about the Transparent Drug System for Patients Act!
Kevin Routley , Partner, Employee Benefits & Pensions

The Transparent Drug System for Patients Act passed third and final reading on June 19, 2006. This legislation is part of the government's plan to reform the provincial drug system and deliver better value for money to the taxpayers of Ontario.

The government plan is expected to save up to $277 million per year. These savings will be reinvested into the provincial drug system to support improved patient access to drugs.

Click here to read more about the government's plans.

ABOUT US:

Selectpath is an independent firm of professional financial advisors and employee benefits specialists based in London, Ontario. Through our strategic alliances with industry leaders in insurance and investments, we are able to offer our clients a broad range of products and services, which meet the highest standards for performance, stability and value. We are also able to serve a broad base of individual and corporate clients throughout the province.

Click here to learn more about how Selectpath can put you on The RIGHT Path®.

Please remember that while strategies outlined within this newsletter may be appropriate for some investors, you should always consult a financial advisor to determine if they are appropriate for you.

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