Financial News

Incorporation opens the door to advanced financial strategies for Canadian physicians — but one of the most critical decisions you’ll face is how to draw income from your professional corporation. Should you pay yourself a salary, take dividends, or adopt a blended strategy? Each path carries distinct implications for taxes, retirement planning, and cash [...]

Retirement isn’t just a milestone — it’s a lifestyle decision. For incorporated physicians, it’s about building a future that reflects the discipline and sacrifice of your career. At Imperial Lifestyle Management, we understand that choosing the right retirement vehicle isn’t a simple numbers game. It’s about aligning your long-term financial strategy with the life [...]

Stepping into practice as a newly licensed physician is a milestone of ambition and dedication. Yet, as income rises and life gets more complex, managing that success demands more than clinical excellence—it requires thoughtful financial planning. At Imperial Lifestyle Management, we've guided hundreds of physicians through the crucial early stages of their financial journey. [...]

A Personal Pension Plan (PPP) is an advanced retirement planning strategy tailored for incorporated professionals—particularly physicians. It combines features of both defined benefit and defined contribution plans, creating a hybrid model that evolves with your career trajectory. Unlike RRSPs or even IPPs, a PPP offers a more strategic, structured, and flexible path to building [...]

Starting Your Medical Career in Canada in 2025? Here’s What You Need to Know Financially You’ve worked hard to earn your white coat. Now, as you begin practicing medicine in Canada, it’s time to take control of your finances with the same precision and intention you bring to your patients. At Imperial Lifestyle Management, [...]

 In today’s increasingly complex healthcare environment, strategic financial planning is essential for physicians who want to build sustainable, successful careers. At Imperial Lifestyle Management, we understand the distinct challenges facing Canada’s medical professionals — and we know that creating a well-structured Cash Flow Plan (CFP) is one of the most powerful steps toward long-term financial [...]

  Maximizing Capital Gains Growth Through Your Medical Professional Corporation (MPC) As the financial landscape evolves, Canadian doctors are increasingly exploring strategies to enhance wealth-building through their Medical Professional Corporations (MPCs). At Imperial Lifestyle, we specialize in helping you navigate these shifts from a financial planning perspective, ensuring your MPC remains a cornerstone for [...]