Finance

What doctors need to know about income splitting strategies
Happy to be doctors, would do it all over again: But please pay us more

New survey of Canadian physicians found long hours and heavy workload to be among pressing challenges for doctors. No wonder six out 10 want to be paid as much as 50% more.
When to pay yourself extra from your corporation

The Canadian physician, aka the ‘loonie doctor,’ advises on when to take out some extra cash from your corporation—and ideas on how to better deploy it.
Pension basics for self-employed professionals and business owners

The Canadian doctor who writes as the ‘loonie doctor’ outlines some info that might help if as a doctor you’re feeling pension envy.
Everything B.C. docs need to know about the ICBC's Specialized Physician Services Report

The ICBC and Doctors of BC have co-developed a fresh form.
Nova Scotia docs ratify four-year agreements with province with pay bumps, overhead funding and more

All physicians will see salary increases each year, over the the four-year agreements.
Manitoba docs give tentative thumbs-up to ‘historic’ physician services agreement

The province says the four-year deal features record additional funding of $268 million.
Ontario government plans to recoup COVID-19 loans to province’s doctors

The province issued a memo to the Ontario Medical Association, outlining the plan.

Part 2 – A Prescription for Financial Health: Go further. Fuel your financial well-being.