Posts from ‘Money Matters’

By: Pamela Bowes, M.Ed.  Manager, Money Matters and Workplace Programs The Employment Insurance (EI) Compassionate Care Benefit offers partial income replacement for people who are employed and need to leave work to care for a gravely ill family member. Here are some of the present facts about the program: The employee must have worked a… [Read More]

CPP Disability and Benevolent Employer

Posted on December 19th, 2014 | 0 Comments

CPP Disability and Benevolent Employer By: Pamela Bowes, Manager, Program Development One of the special application provisions of the CPP Disability Program is the Late Applicant Provision. In order to be eligible for CPP Disability, an applicant must meet both application criteria – both the contributions rule and the definition of disability rule and meet… [Read More]

“I’m on Long Term Disability and my income is only 65% of when I was working. My expenses are way beyond my monthly income. I’m having trouble meeting my mortgage payments. Should I use my RRSPs to try and get by financially? Is this a good option?What other options should I consider?” Many people with… [Read More]

Getting ready for Tax Time

Posted on February 10th, 2014 | 2 Comments

It’s tax time again, and many cancer patients have extra medical costs that could be used as a tax credit. On your annual income tax, there is the Medical Expenses Tax Credit. For the 2013 tax year, the credit is $2,152 or three percent of your net income – whichever is less. So if your… [Read More]

Several years ago, I attended a CPP Disability training session that included the Director of CPP Disability. Someone brought up the issue of Long Term Disability providers including the CPPD Child’s pension in the calculation of LTD Benefits. Let me take a step back to explain. CPPD recipients who have a child/children receive an extra… [Read More]

The Sun Life Canadian Health Index 2013

Posted on November 6th, 2013 | 0 Comments

Recently released, the annual Sun Life Canadian Health Index polls Canadians via an online survey about their overall health, their health benefits coverage, their beliefs about government coverage for healthcare needs and their level of preparedness for health events in the future. There were some interesting results from the report. Many people are paying out-of-pocket… [Read More]

The recently approved Ontario budget offers several financial enhancements for Ontarians who are receiving Ontario Works or the Ontario Disability Support Program. In 2012, The Commission for the Review of Social Assistance in Ontario released its report ‘Brighter Prospects: Transforming Social Assistance in Ontario’ that had over 100 recommendations on how to transform social assistance…. [Read More]

Cancer and Back at Work

Posted on September 3rd, 2013 | 0 Comments

Research shows approximately 65% of people who have had a cancer journey return to work. Some return with few barriers, others return with struggles. Research has also found there are factors that contribute to a successful return to work, and factors that can lead to a negative return. Factors that contribute to a more successful… [Read More]


Recently I was at a meeting with other social workers and someone said “Canada Pension Plan Disability Benefits turns down everyone when they apply, and only those who appeal actually get accepted”.  I’ve heard this comment said many times over the years, and in fact many members coming to Wellspring Money Matters have said it… [Read More]

For Financial Literacy Month, RBC Foundation wrote an article highlighting the financial issues facing cancer patients. For many people diagnosed with cancer, financial worries go hand-in-hand with the diagnosis. RBC Foundation is one of the longest standing Wellspring supporters, having made their first donation to Wellspring in 1992.  Recently RBC Foundation exceeded the $1-million mark… [Read More]

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