Books and eBooks
"The Comfortable Pharmacist:" A Financial Guide for Canadian Pharmacists
A simple, pharmacist-specific roadmap to go from "good income" to real financial freedom, without overcomplicating it.
Written by Brad Norman, CFP®, MSc (Med), a Financial Planner and former clinical epidemiologist, with over a decade of experience working with medical professionals.
"Employee vs. Self-Employed:" A Guide for Canadian Relief Pharmacists
If the CRA decides you’re really an employee of the pharmacy, your corporation can end up paying more tax than you would have paid without one. This free eBook shows how the CRA makes that decision, and how to check where you stand.
Articles and explainer videos
Deciding Whether to Incorporate: important considerations for pharmacists deciding on their structure.
Paying Yourself Salary vs. Dividends: Incorporated pharmacists can pay themselves is several ways. Here are there trade offs.
Avoiding Personal Services Business Classification: How to check whether the CRA will treat you as a corporation.
The small business deduction: what you lose past $500k: What is the small business deduction for Canadian-controlled private corporations and how does it impact your business's taxes.