Monthly Archives: April 2024

At its essence, the Scientific Research and Experimental Development (SR&ED) initiative is geared towards motivating businesses, including healthcare practices, to engage in research and development (R&D) activities that pave the way for innovative, enhanced, or technologically superior products or procedures. For the healthcare sector, this means backing for exploratory development focused on advancing medical [...]

Intriguing proposition, isn’t it? The idea of utilizing corporate capital to extinguish a mortgage within 15 years holds appeal. For incorporated physicians across Canada, this opportunity exists with strategic planning and the implementation of an insurance solution, specifically, a Split Dollar Critical Illness (SDCI) policy.Defining SDCI A SDCI plan involves an insurance policy owned by [...]