CPPP Blog
Learn more about how the Canadian Physicians’ Pension Plan works and how it can benefit doctors much more than traditional RRSP’s. We’ve included videos, slide shows and articles to help educate and show how this can help doctors retire wealthier than they thought.
CORPORATE SAVINGS vs PENSION SAVINGS – a comparison
Many physicians will have accumulated retained earnings in the non-registered corporate investment account of their Medical Professional Corporation over the years. This money can generate interest and can be disbursed in the form of dividends in retirement. We refer...
Did you know that physicians can be compensated by the federal government for doing research?
Typically, physicians are wearing many hats all at the same time and it doesn’t always work in their favour. . Dr. Tran has a little secret that some physicians may not be aware of… being compensated by the government for doing research connected to a medical practice...
Federal Budget 2024 : With taxes on capital gains going up, how can the CPPP help?
The Federal government is looking for new sources of tax revenues to pay for proposed spending and it has decided that the business community, including physicians that are incorporated, would be a good source of tax revenue. The proposed change to the Income Tax Act...
Why would a physician choose CPPP over saving through their Medical Professional Corporation (MPC)?
If the goal of the physician is to set aside funds for retirement, two separate paths emerge: either keeping retained earnings invested in the MPC’s non-registered (taxable) investment account OR making a contribution to a registered pension plan such as an IPP or...
Case Study: Physician aged 40 who only took dividends from Medicine Professional Corporation until now.
A common situation we encounter is physicians who have incorporated but receive advice that includes never taking any T4 income from their Medicine Professional Corporation (“MPC”), preferring instead the simplicity of receiving dividends. By the time they turn 40,...
Intergenerational Wealth Transfer
With Integrated Wealth & Estate Planners Nick & Simon. Nick & Simon will help you understand intergenerational wealth transfer and bridging the gap from one generation to the next, including the challenges and opportunities of wealth transfer.