Finance

Keeping your corporation tax efficient
Doctors who rely solely on advisors risk missing out.
CPSM proposes nearly 10% fee increase for 2025-26 to replenish reserves
The college’s proposed operating budget for the 2025-26 year includes a 2% increase to the annual certificate of practice fee to account for inflation and an additional 7.5% increase in order to fund ‘expanded regulatory activities’ and ensure financial stability.

Trust funds: Should they be part of a physician’s financial plan?

Depending on your goals and circumstances, a trust could be part of your financial plan to care for minors or other dependents.
Physician spending trends in Canada: Why increased costs may not mean more primary care services

In 2023, Canada ranked last in access to primary health care among 10 high-income countries. Yet, Canada ranked among the highest for health spending as a percentage of GDP, significantly outranked only by the United States.
‘Should be banned’: Some Ontario mayors against communities’ financial incentives to attract doctors

Several Ontario mayors have been calling on the province to ban financial incentives municipalities use to lure in doctors, saying the recruitment tactic is harming communities that can’t pony up the cash—especially those in rural and northern regions.
Is your money insured?

The risks are low in Canada, but bank failures can happen. ‘Stacking’ can protect you.
B.C. doctors set to receive higher fees from ICBC

British Columbia’s provincial automotive insurance company is set to pay higher fees to doctors in the province completing paperwork after advocacy by Doctors of BC.
Legault government wants to link doctors’ pay to their performance

Quebec wants to modify the family physician remuneration model, notably by introducing colour coding for patients.
Ontario to boost rural, northern primary and emergency care in agreement with OMA

The new commitments come out of negotiations between the government and the Ontario Medical Association for a new Physician Services Agreement.
Patients face fees for medical records following death of St. Stephen doctor

Originally, the estate of Dr. S.K. Bugwandin sent letters to individuals requesting they pay $95 plus tax to obtain the records left by Dr. S.K. Bugwandin.

Keeping your corporation tax efficient

CPSM proposes nearly 10% fee increase for 2025-26 to replenish reserves

Trust funds: Should they be part of a physician’s financial plan?

Physician spending trends in Canada: Why increased costs may not mean more primary care services

‘Should be banned’: Some Ontario mayors against communities’ financial incentives to attract doctors

Is your money insured?

B.C. doctors set to receive higher fees from ICBC

Legault government wants to link doctors’ pay to their performance

Ontario to boost rural, northern primary and emergency care in agreement with OMA

Patients face fees for medical records following death of St. Stephen doctor