Gold Capital Financial Services

Wellness Spending Account

( WSA ) Eligible Expenses

There’s been a growing awareness around the importance of both physical and mental wellness—at home and in the workplace. Supporting overall wellness benefits not just your employees, but also you as an employer.

A Wellness Spending Account allows employers to invest in their team’s well-being by offering benefit dollars for non-medical wellness-related expenses.

Wellness Spending Account

Support your team’s physical and mental wellness.

The importance of health and wellness — both physical and mental — is growing in workplaces across Canada. A Wellness Spending Account (WSA) lets employers give employees annual benefit dollars to spend on non-medical wellness expenses that matter most to them.

How It Works

Employers set the yearly benefit amount and any rules for use.

Employees choose from approved wellness expenses like gym memberships, sports, childcare, or pet care.

They pay for the service, submit a claim online, and get reimbursed—simple, flexible, and tailored to their needs.

Tax Details

  • For Employers – 100% tax-deductible as a business expense, making it a cost-effective way to enhance employee benefits.

  • For Employees – According to CRA rules, WSA benefits are taxable when claimed. This means employees only pay tax on the amount they actually use, and unused funds carry no tax impact.


Book an appointment for a call with us, and we’ll also email you the full list of WSA eligible expenses.

Gym memberships
Personal trainers
Snowboarding fees
Sports leagues
Health and wellness events
Fitness equipment
Athletic footwear
Yoga fees
Art classes and supplies
Photography courses
Coding bootcamps
Books
UI/UX Design courses
And more…