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Latest News
What to know about insurance claims after a flash flood Jul 19th
Canadian home owners are increasingly adding flood coverage to their insurance policies as extreme weather events become more common, according to the Insurance Bureau of Canada.
And after Tuesday’s intense bout of flash flooding in southern Ontario, some residents may be finding out the hard w.... More »
How to negotiate a job offer to get better benefits Jun 5th
Not all workplace benefits plans are created equal. Experts say it’s important to understand what’s in the plan before signing a contract at a new job, and whether there’s room to negotiate some extra perks better tailored to your life.
“Sometimes, benefits programs can seem really bright.... More »
Why is auto insurance so expensive in Alberta? Dec 7th
Auto insurance in Alberta has been in the news recently with Premier Danielle Smith’s announcement that insurance rate premium hikes for “good drivers” will be capped at 3.7% as of January 1, 2024. The government chose this percentage to match Alberta’s inflation rate in September 2023, the .... More »
TFSA contribution room calculator Oct 15th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds&n.... More »
What to know about credit card travel insurance as an Air Canada strike looms Aug 16th
After carefully planning a summer vacation, the last thing on your mind should be finding alternate transportation. But some travellers could be left scrambling as the clock ticks down to a possible work stoppage at Air Canada. The airline says it will gradually suspend its flights starting Thursday.... More »
Inside the Trillion-Dollar Wellness Industry
– canadianbusiness.com
As a health-and-wellness-industry reporter for publications like Fast Company and The New York Times, Rina Raphael spent years covering fitness, food and far-out trends. (Crystal healing, anyone?) But by her mid-30s, she realized her obsession with health was making her feel worse, not better. These experiences were the catalyst for her book, The Gospel of Wellness: Gyms, Gurus, Goop, and the False Promise of Self-Care, which came out in September. In it, Raphael analyzes the US$4.4-trillion wellness industry, which includes everything from fitness and nutrition to vibrators and athleisure. While sometimes helpful, the industry puts pressure on women in particular, she says, to shop and sweat their way to happiness only to trap them on a treadmill of endless self-improvement.
First of all, what counts as “wellness”? It seems like there’s a lot under that umbrella.
A general definition is that wellness is everything that medicine and insurance don’t really touch. But the problem is that it’s evolved into a marketing term that can just as easily mean “charcoal toothpaste” as “meditation,” so it’s really ambiguous now…
