Tax Planning

Strategic Wealth Planning for Medical Professionals – October 2025 As we approach the final quarter of 2025, now is the ideal time for Canadian physicians—particularly those operating through a professional corporation—to reassess their retirement strategy. Beyond RRSPs and TFSAs, incorporation opens the door to advanced financial planning strategies that help maximize long-term wealth and [...]

Burnout among medical professionals is more common than many will admit — and for some, stepping back through a sabbatical may be the smartest path to regaining balance. However, taking time away from your clinical duties comes with serious financial implications, especially when it comes to cash flow, incorporation strategy, and wealth management. If [...]

Self-directed investing promises simplicity: sleek apps, low fees, and the intoxicating thrill of calling your own financial shots. For high-performing professionals like physicians, the independence is appealing. But beneath the surface of those savings lies a quiet storm—one that slowly erodes wealth through overlooked tax traps, missed planning opportunities, and human error. At Imperial [...]

Many physicians assume their annual tax bill is just a cost of success — inevitable, immovable. But with proactive financial planning, that assumption doesn’t hold. There are powerful, legal strategies that help you keep more of your income while building long-term financial strength. At Imperial Lifestyle Management, we offer integrated planning for Canada’s doctors [...]

Stay Ahead. Save More. Stress Less. Between demanding clinical schedules and running a practice, financial planning often takes a back seat. But with 2025 on the horizon, now is the right time to align your strategy. Thoughtful, proactive planning not only minimizes taxes — it helps physicians secure long-term financial stability. At Imperial Lifestyle [...]

Now that April 30 is in the rearview mirror, most Canadians breathe a sigh of relief — but if you’re an incorporated or self-employed physician, this is not the time to go idle. The weeks following tax season are among the most strategic for high-earning professionals to recalibrate and realign with broader financial goals. [...]