Blog

Incorporating your practice or business is one of the biggest financial decisions a professional makes — and one of the most misunderstood. Incorporation opens the door to real tax planning opportunities, but only if you actually use the structure deliberately. Too many incorporated professionals leave money in a corporation without a plan, pay themselves inefficiently, […]

“How much does this actually cost?” is one of the most common questions people ask before booking a first meeting with a financial planner — and one of the hardest to answer with a single number, because fee-for-service planning isn’t priced the same way everywhere. Understanding how the pricing actually works makes it much easier […]

If you’re an incorporated professional or business owner in your 40s or older with a stable, high corporate income, you’ve likely heard the term Individual Pension Plan (IPP) mentioned as an alternative to your RRSP. The pitch is usually the same: higher contribution limits, more tax-deferred growth, and creditor protection. What’s often missing is a […]

Dental school leaves most new dentists with two things at the same time: the ability to earn a strong income, and a student debt balance that can easily run into six figures. That combination creates a real temptation — either throw every spare dollar at the debt as fast as possible, or ignore it and […]

Most business owners insure their building, their equipment, and their inventory without a second thought. Far fewer insure the thing their business actually depends on most: the people who run it. If you or a key partner became critically ill, disabled, or passed away, would the business survive the transition — financially and operationally — […]

Running a dental practice means juggling two very different financial lives at once: the practice’s cash flow and your own personal finances. Equipment loans, staff payroll, lab fees, and lease payments all draw from the same account that eventually pays you — and when cash flow gets tight, it’s tempting to patch the gap with […]

Nobody teaches you money in medical school. You learn anatomy, pharmacology, how to read an EKG under pressure — but not what to do with your first real paycheque, or how a professional corporation actually changes your tax picture. Most physicians and dentists end up piecing their financial plan together in their spare time, usually […]

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 […]