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The Wiser Advisor Blog
Employee benefits & industry related stories, ideas, and feedback for advisors.
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Are Health and Fitness Apps Eligible Under an HSA in Canada?
Are health and fitness apps eligible under an HSA in Canada? The short answer? Generally, no. Most health and fitness apps, like Peloton, Calm, and MyFitnessPal, aren't eligible expenses under a Health Spending Account (HSA) in Canada. But there are exceptions worth knowing, and a better way to claim these expenses if your employer offers one. Why the CRA Says No (Most of the Time) A Health Spending Account is only non-taxable because it follows the Canada Revenue Agency's li
Aly Edwards
6 days ago2 min read


Why Choice is Becoming the Most Valuable Benefit You Can Offer
Why choice is becoming the most valuable benefit: myHSA's Danielle Constantine and Medcan's Sherri Look Yan on flexible benefits and preventative care.
Aly Edwards
Jul 282 min read


Can You Cash Out Your HSA in Canada?
If you’ve ever wondered, “can I cash out my HSA in Canada?”, you’re not alone. This question comes up a lot, especially toward the end of the year when people realize they still have unused HSA or WSA funds.
Hailey Dirk
Dec 30, 20252 min read


Buyer Beware: What's Not Eligible Under Your Canadian HSA (Yet)
Not everything marketed as HSA-eligible online meets Canadian guidelines.
Hailey Dirk
Oct 20, 20252 min read


September 2025 Advisor Newsletter
In this issue of our myHSA advisor newsletter: Are your clients’ employees eligible for the CDCP?
Hailey Dirk
Sep 22, 20252 min read


Thinking About Removing Dental from an HSA? Read This First
Are Employees with an HSA Eligible for the Canadian Dental Care Plan (CDCP)?
myHSA
Sep 8, 20253 min read
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