Articles tagged "practice management"
Diversify Your Portfolio—With New CDSPI Funds
As of April 1, investors in the CDSPI funds have even more investment choices, with the introduction of the Short-Term Advantage Fund Corporate Class (CI), Canadian Equity Fund Corporate Class (CI) and Global Real Estate Fund (Invesco). Read more
Fraudulent Ordering Activities
The Dental Industry Association of Canada (DIAC) has received reports of fraudulent activities that involve individuals ordering dental supplies by telephone but subsequently diverting or intercepting the products. Read more
Benefits that Work for You
Dentists can now access an innovative and affordable solution to help cover health-related costs— while also helping to strengthen the success of their businesses—thanks to the new CDSPI Group Benefits plan. Read more
Are the Underlying Assumptions for Your Insurance and Investment Portfolios Still Accurate?
Your life doesn’t stand still. Neither should your insurance and investment portfolios. To ensure that your insurance and investments remain appropriate for your evolving personal and practice needs, it’s important to review your portfolios periodically. Read more
End of Year Tax-Planning Strategies
For many Canadians, the last day of December is a time to start celebrating the beginning of an exciting new year. However, that date also marks the deadline by which most tax-planning and saving strategies must be put into place to impact one’s tax obligations. Read more
It’s Time to Take Another Look at RESPs
Are you a parent who has dismissed RESPs (registered education savings plans) for your children’s postsecondary savings because the contribution maximum is limited to $50,000 and university costs could easily surpass the contribution maximum? Read more
Home Insurance Myths and Realities
No one likes an unpleasant surprise. However, that’s what could be in store for you if you don’t know what is—and what isn’t—covered by your property insurance. Here are 5 common home insurance myths and the realities behind them. Read more
Strengthen Your Financial Safety Nets with Two Disability Plans
Statistics show that you have about a 50% chance1 of becoming disabled for an extended period during your working life. Some of the leading causes of disability for dentists are neck and back problems, mental and stress illnesses, cancer, cardiac disorders and accidents. Read more
Dental Hygiene Graduates Flooding Canadian Market
A recent Maclean’s article (“Desperate to cut their teeth”) examining the dental hygienist marketplace in Canada highlights a significant increase in the number of recently graduated hygienists seeking employment. Read more
Copycat Dental Laboratory and Supplier Websites
The Dental Industry Association of Canada (DIAC) is advising its members about an increase in the number of illegitimate “copycat” websites of dental laboratories or suppliers found on the Internet. Read more
Smart Tips for Your Spring Break Holiday
After enduring months of winter, you may be considering plans for a fun-filled spring break to a warmer climate. If so, you’ll have to think about the usual issues when planning a trip—such as ensuring your home is secure while you’ll be away, speaking to your doctor about the need for immunizations and obtaining some foreign currency. Read more
Retirement Savings Tips
Like many dentists, your RRSP (registered retirement savings plan) may be the cornerstone of your retirement saving strategy, since it allows your savings to grow tax deferred and reduces your taxable income. Read more
Survey Shows Canadian Dentists Seek Quality in Dental Laboratory Services
Consistent quality was the main differentiator between dental laboratories for Canadian dentists, according to results from the Dental Industry Association of Canada’s (DIAC) 14th Annual Future of Dentistry survey. Read more
The Cure for Dental Office Losses
Every dentist faces the prospect of contents losses at their office. While an ounce of prevention is wise, a pound of cure in the form of insurance is essential. Read more
Postsecondary Education Savings Strategies that Work
Prepare yourself for “sticker shock” if you are shopping for a university education for your child. According to Statistics Canada, the average Canadian dental student paid nearly $14 000 for tuition fees in the 2009/2010 academic year.1 Add the cost of books, room and board, meals and personal expenses, and the annual price tag doubles. This could mean a total outlay of more than $100 000 by graduation Read more
Nobel Biocare’s New Virtual Study Club Tool
Nobel Biocare acquired the exclusive rights to StudyClubConnect.com, an online study club tool for dentists developed by Drs. Ken Hebel and Reena Gajjar of London, Ontario. Read more
JCDA Interview: When Price Becomes the Fundamental Issue
Bernie Teitelbaum is executive director of the Dental Industry Association of Canada (DIAC). In this JCDA interview, Mr. Teitelbaum addresses the many factors that can affect the price of dental equipment and materials in Canada, including the illicit “grey market” trade. Read more
Update on Dental Amalgam Waste Requirements
Environment Canada published a Final Notice in the Canada Gazette on May 8, 2010, that will require some Canadian dental offices to prepare and implement a pollution prevention (P2) plan regarding mercury releases from dental amalgam waste. Read more
What Do You Have to Lose? Don’t Wait for a Home Disaster to Find Out
Off the top of your head, could you name the make and model of the television in your family room? What about listing all of the tools and gardening equipment you own? Could you accurately describe the window coverings in every room of your home—or the kind of mattress in each bedroom? How about the type of processor, RAM and hard drive that’s inside your computer? Read more
Is Your Portfolio Positioned for Recovery?
According to the Bank of Canada, the Canadian economy is expected to rebound slowly but steadily from the recent recession with estimated economic growth of 2.9% in 2010 and 3.5% in 2011. What does this mean for you as an investor? Read more
How Do You Know What You Don’t Know About Insurance?
The good thing about insurance plans that provide a lot of choices (such as those in the Canadian Dentists’ Insurance Program) is that they can be tailored to very closely match your needs. On the fl ip side, however, using those plans to your greatest advantage means that you need to understand them. To help measure your knowledge, consider the following questions which dentists have asked advisors at CDSPI Advisory Services Inc. Read more
Dentist Unhappy with Customer Service
I am writing about my experiences with Zila Dental and its Rotadent automatic toothbrush product line. Read more
New Legislation Extends Special Benefits to Self-Employed Workers
The Canadian government recently approved the Fairness for the Self-Employed Act, legislation that extends Employment Insurance (EI) special benefits, including maternity, parental, sickness and compassionate care benefits, to self-employed workers. This new legislation would require self-employed Canadians to contribute to the EI program for at least one year before claiming any of these special benefits. Self-employed workers who choose to make a claim for these special benefits must continue paying premiums as long as they retain their self-employed status. They would also be responsible for making premium payments beginning in the tax year in which they apply to the EI program. However, self-employed Canadians will remain ineligible for any basic EI coverage. Read more
