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Significant new financial relief for Manulife group benefits plan sponsors
Unlike anything in recent memory, the coronavirus is having a serious effect on Canadians and our economy. To support you and help provide financial relief to our clients, we are taking a significant step. If you have a fully insured non-refund accounted benefits plan with Manulife, we’re covering 50% of your dental premium and 10% of your extended health care premium (including prescription drugs) in the month of May to reflect the claims activity we’ve seen in April.
Sun Life – New for all non-refund Clients: Premium credits for dental and extended health care
The pandemic has been a challenge for everyone. We know it’s been a great challenge for many small businesses. We continue to seek ways to ease the burden – while still providing the coverage your plan members need.
Equitable Life: Premium relief for Dental and Extended Health Care benefits
We know this is a difficult time for Canadian employers and that many of your clients are facing financial hardship as a result of the COVID-19 pandemic. We continue to look for ways to help employers manage while still supporting their employees.
New Canada Emergency Commercial Rent Assistance | Canada Emergency Business Account Expanded
On April 16th, Prime Minister Justin Trudeau announced support for to help small businesses with their rent for the months of April, May and June.
The program is being worked out with the provinces and more details will be available shortly.
Two new resources for Canadians struggling with their mental health
For Canadians who need mental health support during the COVID-19 pandemic, there are two new resources available to help you through these tough times:
1) Stronger Minds by BEACON
2) Wellness Together Canada
Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers
Prime Minister Justin Trudeau announced:
“Today, we’re announcing more help for more Canadians. This includes topping up the pay of essential workers. At the same time, we’ll also be expanding the Canada Emergency Response Benefit to reach people who are earning some income as well as seasonal workers who are facing no jobs and for those who have run out of EI recently. Expanding the CERB to include people who earn up to $1,000 per month. Maybe you’re a volunteer firefighter, or a contractor who can pickup some shifts, or you have a part-time job in a grocery store.”
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Mississauga, ON L4W 4Y5