by Ricardo Ardiles | Pharmacy Owners, Reliefs |
Tax increases on passive investments inside your corporation are on their way. So how will you, a pharmacy owner, save within your corporation without paying 70% tax? An individual pension plan (IPP) remains one way to do so. And this strategy is not affected by these...
by Ricardo Ardiles | Reliefs, Staff Pharmacists, Students |
John Smith [real name changed], is 48 years old and is a staff pharmacist who has worked at a banner store for the last 10 years. His wife, Kelly, also 48, stays at home taking care of their two young children, Lindsey, 13, and Lucas, 10. John is wondering if there...
by Ricardo Ardiles | Recent Graduates, Reliefs, Staff Pharmacists |
Part 2 of our Pension Plan series compares the benefits of the two types of pension plans: defined benefit and defined contribution. Your employer chooses which type they will offer to their employees but if you are currently job hunting for a staff or hospital...
by Ricardo Ardiles | Recent Graduates, Reliefs, Staff Pharmacists |
Many staff pharmacists and hospital pharmacists work for employers who offer a group pension plan. A lot of you may know what a pension plan is but many still scratch your heads wondering how they actually work, what the benefits are, or what the difference is...
by Ricardo Ardiles | Pharmacy Owners, Reliefs |
In the 2017 Canadian Federal Budget, the Liberals have established a committee to investigate an issue regarding professional corporations that was raised in the 2016 Budget. What is the issue? In 2016, a discussion began about ways to pay for the Liberals big...
