Archive for August, 2026

Winding Down Your Professional Corporation: A Retirement Off-Ramp Most Doctors and Dentists Get Wrong After 20 or 30 years of billing through a professional corporation (PC), most physicians and dentists have built up a holding company stacked with retained earnings, investments, and possibly a life insurance policy. The incorporation decision was straightforward. The exit rarely […]

If you’re a physician or dentist practicing through a professional corporation (PC), the difference between an average tax outcome and an optimized one often comes down to structure, not income. In 2026, with the Bank of Canada’s policy rate holding near 2.25% and the proposed capital gains inclusion rate increase permanently cancelled, the planning landscape […]

A family doctor who can no longer operate can usually still see patients, dictate notes, and bill for cognitive care. A surgeon who develops a hand tremor, a herniated disc, or loses fine motor control cannot simply pivot back to the operating room — yet a poorly worded disability policy may still classify that surgeon […]

Why “Group Coverage” Isn’t Enough: The Case for Own-Occupation Disability Riders for Canadian Surgeons and Specialists If you’re a surgeon, proceduralist, or specialist dentist, your income depends on one thing your hospital or provincial benefits plan rarely protects properly: the specific, technical use of your hands. Most group disability policies — the ones bundled into […]

TFSA or Retained Earnings? Where Mid-Career Incorporated Doctors Should Actually Park Surplus Cash For most incorporated Canadian physicians and dentists, the question isn’t whether you’re saving enough — it’s where the savings should live. Every year, surplus cash builds up inside the professional corporation (PC), and every year the same decision resurfaces: pull money out […]

When Should a Canadian Physician Trigger an Estate Freeze? A Section 86 Timing Guide For incorporated physicians and dentists across Canada, few planning decisions carry as much long-term weight as the estate freeze. Done at the right moment, it can lock in decades of tax-deferred growth for your family. Done too early — or too […]

Incorporating Your Medical Practice? Here’s How a Section 85 Rollover Protects You From an Unexpected Tax Bill If you’re a Canadian physician or dentist moving from a sole proprietorship into a Professional Corporation (PC), the mechanics of how you transfer your practice’s assets matter just as much as the decision to incorporate itself. Done incorrectly, […]

Own-Occupation Disability Insurance: Why Early-Career Surgeons and Specialists Can’t Rely on a Standard Policy For most Canadian professionals, disability insurance is a box to check during onboarding at a new job. For a surgeon, interventional cardiologist, or specialist dentist, it’s one of the most consequential financial decisions of an entire career — and the standard […]