TPC Financial Group

🌟 We are excited to announce TPC Financial as a brand new sponsor of Team Brown! 🌟

TPC Financial's team of advisors provides comprehensive financial plans to dentists and physicians across Canada. Whether you’re a new physician interested in incorporating, a dentist wanting to buy a dental practice, or a medical professional ready to plan for retirement, they are there here to help every step of the way.TPC Financial works with clients to create custom plans for all aspects of professional and personal financial management.

Thank you for your support and welcome to Team Brown!

To learn more please visit: www.tpcfinancial.com
TPC Financial Group

Introducing TPC Wealth Management - https://mailchi.mp/ce0dba0e202d/introducing-tpc-wealth-management

New payment model for BC Family Physicians

'An opportunity to transform': Details on B.C.'s long-awaited payment plan for family physicians released The B.C. government, in partnership with Doctors of B.C., has released details about its new payment model for family doctors, a plan that could reshape primary care across the province.

Wondering if it's time to incorporate? Our simple quiz can give you a quick answer. Whether you're a dentist, physician, or another type of medical professional in Canada, your responses will help us determine if incorporation is right for you.

Take the quiz to find out!

https://www.tpcfinancial.com/planning/should-i-incorporate/

TPC Financial Group Ltd. is hiring!

We are looking for a Financial Planning Assistant to join our rapidly growing team of professionals. All employees receive benefits, paid education, and retirement matching. If you or anyone you know is interested in this position, please read the job posting below.

Careers at TPC Financial Group Find your next great career opportunity at TPC Financial Group

Doctors of BC has introduced new rules for their Contributory Professional Retirement Savings Plan (CPRSP). Matching obligations have been replaced with reimbursements, which require some new steps in order to get your money.

Doctors of BC CPRSP

Revised calculations have significantly complicated the CEWS application process. While the CEWS has provided a benefit to many who saw a revenue reduction in the early stages of COVID-19 closures, the new program is intended to help bring employers back to pre-crisis earnings.

Revised CEWS Rules The Federal Government recently passed Bill C-20, receiving Royal Assent on July 27th, 2020. Bill C-20 provides another 12-week extension to the Canada Emergency Wage Subsidy (CEWS), which further extends the program until November 21st, 2020 (likely extension to December 19th, 2020, but program det...

We have not been recommending that clients defer their mortgage unless absolutely necessary. This article provides a good overview of some potential issues.

'It feels greedy': Big banks charging interest on interest for deferred mortgage payments | CBC News A Toronto couple says temporary relief has turned to anger after learning that deferring their mortgage payments amid the COVID-19 crisis will result in $7,400 in interest being added to the outstanding principal, which will then incur more interest over the life of their mortgage. All of Canada’s...

Application for CERB becomes available on April 6th. See below for the specific steps for applying and ensure you're prepared to receive this benefit as soon as possible.

https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html

The Federal Government has announced a number of measures to assist Canadians who are financially impacted by COVID-19. Read our newsletter for a summary and recommendations.

COVID-19 Package to Assist Small Businesses and Employees On March 18, 2020, the Federal government announced a number of new measures to assist employees and business owners through the numerous closures and restrictions imposed due to COVID-19.

Many professions have been significantly impacted by college restrictions or social distancing due to COVID-19. See our recent newsletter that addresses the difficult task of helping staff through this unprecedented period.

COVID-19 Office Closures and Staffing Concerns Governing colleges are strongly recommending that dentists in BC, Quebec, Nova Scotia, and Ontario to suspend all non-essential and elective services immediately. While emergency treatment may continue, anything that does not show risk of infection or represent acute pain or trauma is being discoura...

Royal College of Dental Surgeons of Ontario has made the recommendation to immediately suspend all non-essential and elective dental services.

Read the full message below:

A message to all dentists in Ontario - COVID-19 Pandemic Home / RCDSO Members / Dispatch News / A message to all dentists in Ontario - COVID-19 Pandemic A message to all dentists in Ontario - COVID-19 Pandemic March 15, 2020 In accordance with our mandate to act in the public’s interest and in hearing the numerous comments made to us by members, in cons...