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Financial planning insights and guidance

Financial Planning for New Physicians

Once you finish your residency and you are no longer a student, your entire financial situation changes. Suddenly, you’re left navigating a new financial situation that your medical training couldn’t prepare you for. Between managing your cash flow,...

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How to Get Festive With Your Household Bubble

As we head into colder weather, we all have to do our part to stay safe this year, which means planning ways to have fun within our household bubble. Whether or not living in a lockdown zone, this holiday season will look a little different for all o...

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Year-End Tax Planning

Although the tax season doesn’t end until April of next year, now is the time for you to do any last minute, year-end tax planning. With one month left in 2020, you still have time to take advantage of these helpful tax-tips....

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The Gift of Giving

While the holidays are often considered a time to give, it’s important that we consider exactly what the gift of giving means. Gifts are a lovely way to show the people close to you how much you care for them, but it can be even more meaningful to do...

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Holiday Shopping Hacks to Spend Less

As Halloween decorations come down and bright, festive lights go up, it’s clear that the holiday season is upon us. While the holidays are a time for giving, the added expense of shopping for gifts can wrack up a hefty bill. This year in particular,...

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Financial Planning for Locums

Working as a locum is one of the most common stepping stones in a physician’s career path. By undertaking a temporary position, a young doctor is able to gain valuable work experience and earn a salary while looking to secure a full-time position. Wh...

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RRSPs and TFSAs for Incorporated Doctors

For medical professionals, incorporating your medical practice comes with numerous benefits including a significant reduction of your tax liability which, in turn, allows you to save more for retirement. Through the appropriate use of RRSPs and TFSAs...

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Coronavirus and Market Volatility

The last five days (and few weeks) in the market has been characterized by the same panic that has taken over our nation’s supply of toilet paper with panic taking over any rational thought. The financial markets are in a “shoot first, ask questions...

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What to Focus on During a Market Selloff

On days like today, the markets test your mettle as an investor and a reminder that the prolonged period of low volatility and easy returns, such as 2019, are earned with periods of volatility. The markets usually move slowly up but violently down......

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Protecting Your Digital Assets: Estate Planning in the Modern World

So much of our personal lives exists online, nowadays. Living in this day and age, chances are high that you have a personal profile on at least a few different social media platforms. You also likely use online banking and other online financial pla...

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