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CMA PolicyBase

Policies that advocate for the medical profession and Canadians


15 records – page 1 of 2.

CMA's submission to Finance Canada's consultation on ensuring the ongoing strength of Canada's retirement income system

https://policybase.cma.ca/en/permalink/policy9807
Date
2010-05-07
Topics
Physician practice/ compensation/ forms
  1 document  
Policy Type
Response to consultation
Date
2010-05-07
Topics
Physician practice/ compensation/ forms
Text
The Canadian Medical Association (CMA) is pleased to participate in the Government of Canada's consultation on ensuring the ongoing strength of Canada's retirement income system. Ensuring sufficient income in retirement is a concern for CMA's more than 72,000 physician members and the patients they serve. With the aging of the Canadian population and the decline in the number of Canadians participating in employer-sponsored pension plans, now is the time to explore strengthening the third pillar of Canada's government-supported retirement income system: tax-assisted savings opportunities. Two areas in need of government attention are tax-assisted savings vehicles for high-earning and self-employed Canadians, and vehicles available to help Canadians save to meet future continuing care needs. Like the Canadian population at large, physicians represent an aging demographic - 38% of Canada's physicians are 55 or older - for whom retirement planning is an important concern. In addition, the vast majority of CMA members are self-employed physicians and, as such, they are unable to participate in workplace registered pension plans (RPPs). This makes physicians more reliant on Registered Retirement Savings Plans (RRSPs) relative to other retirement savings vehicles. As we saw during the recent economic downturn, the volatility of global financial markets can have an enormous impact on the value of RRSPs over the short- and medium-term. This variability is felt most acutely when RRSPs reach maturity during a time of declining market returns and RRSP holders are forced to 'sell low'. The possibility that higher-earning Canadians, such as physicians, may not be saving enough for retirement was raised by Jack Mintz, Research Director for the Research Working Group on Retirement Income Adequacy of Federal-Provincial-Territorial Ministers of Finance. In his Summary Report on Retirement Income Adequacy Research, Mr. Mintz reported that income replacement rates in retirement fall below 60% of after-tax income for about 35% of Canadians in the top income quintile. This is due to the effect of the maximum RPP/RRSP dollar limits, which is why the government should consider raising these limits. The CMA supports exploring ways to expand tax-assisted options available for retirement saving, particularly measures that would allow organizations to sponsor RPPs and Supplementary Employee Retirement Plans (SERPs) on behalf of the self-employed. Such changes could allow the growing ranks of self-employed Canadians to benefit from the security and peace of mind already available to Canadians with workplace pensions. CMA members favour a voluntary approach, both for employers/plan sponsors in deciding whether to sponsor such plans and for potential plan participants in choosing whether or not to participate. Just as the government should explore ways to modernize the rules governing registered pension plans to account for today's demographics and employment structures, so too should it explore ways to help Canadians save for their continuing care - including home care and long-term care - needs. When universal, first-dollar coverage of hospital and physician services-commonly known as 'medicare' - was implemented in Canada in the late-1950s and 1960s, health care within an institutional setting was the norm and life expectancy was almost a decade shorter than it is today. With Canadians living longer and continuing care falling outside the boundaries of Canada Health Act first-dollar coverage, there is a growing need to help Canadians save for their home care and long-term care needs. The attached backgrounder highlights the pressing need for greater support for home and long-term care in Canada, as well as some principles and options for governments to help Canadians pay for these services. It should be noted that the introduction of Tax-free Savings Accounts (TFSAs) in the 2008 federal budget created a new savings vehicle to support Canadians' continuing care needs. The CMA was pleased to see its introduction. Government action on these two related issues would benefit all Canadians. Expanding retirement-saving options for physicians would provide a strong incentive for physicians to stay in Canada. Similarly, by helping Canadians save for their own continuing care needs, governments could contribute to the health of elderly citizens and ease the demand on unpaid caregivers and government-funded continuing care. Ensuring that Canadians have the tools at their disposal to save for their continuing care needs and that Canada's physicians have the right tools to save for retirement are important issues for the CMA. Canada's physicians have long been active on these issues and government action on these files would benefit all Canadians. We are pleased to take part in Finance Canada's consultations and would welcome any further opportunities to participate. Sincerely, Anne Doig, MD, CCFP, FCFP President
Documents
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Harmonized Sales Tax

https://policybase.cma.ca/en/permalink/policy9909
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Physician practice/ compensation/ forms
Resolution
GC10-91
The Canadian Medical Association, in collaboration with provincial/territorial medical associations, will work with governments to study the impact of the Harmonized Sales Tax and Goods and Services Tax with respect to medical practices and patient care delivery.
Policy Type
Policy resolution
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Physician practice/ compensation/ forms
Resolution
GC10-91
The Canadian Medical Association, in collaboration with provincial/territorial medical associations, will work with governments to study the impact of the Harmonized Sales Tax and Goods and Services Tax with respect to medical practices and patient care delivery.
Text
The Canadian Medical Association, in collaboration with provincial/territorial medical associations, will work with governments to study the impact of the Harmonized Sales Tax and Goods and Services Tax with respect to medical practices and patient care delivery.
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Informed career choices

https://policybase.cma.ca/en/permalink/policy10165
Last Reviewed
2018-03-03
Date
2011-08-24
Topics
Physician practice/ compensation/ forms
Health human resources
Resolution
GC11-28
The Canadian Medical Association will assist physicians during all stages of their career, with special emphasis on helping medical students and residents make informed career choices by providing job-trend data and other career-planning resources.
Policy Type
Policy resolution
Last Reviewed
2018-03-03
Date
2011-08-24
Topics
Physician practice/ compensation/ forms
Health human resources
Resolution
GC11-28
The Canadian Medical Association will assist physicians during all stages of their career, with special emphasis on helping medical students and residents make informed career choices by providing job-trend data and other career-planning resources.
Text
The Canadian Medical Association will assist physicians during all stages of their career, with special emphasis on helping medical students and residents make informed career choices by providing job-trend data and other career-planning resources.
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Lifetime clinical prevention schedule

https://policybase.cma.ca/en/permalink/policy9855
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Health systems, system funding and performance
Physician practice/ compensation/ forms
Population health/ health equity/ public health
Resolution
GC10-24
The Canadian Medical Association, in collaboration with provincial/territorial medical associations, urges governments to support the development and implementation of a lifetime clinical prevention schedule based on scientific evidence and coordinated by primary care physicians.
Policy Type
Policy resolution
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Health systems, system funding and performance
Physician practice/ compensation/ forms
Population health/ health equity/ public health
Resolution
GC10-24
The Canadian Medical Association, in collaboration with provincial/territorial medical associations, urges governments to support the development and implementation of a lifetime clinical prevention schedule based on scientific evidence and coordinated by primary care physicians.
Text
The Canadian Medical Association, in collaboration with provincial/territorial medical associations, urges governments to support the development and implementation of a lifetime clinical prevention schedule based on scientific evidence and coordinated by primary care physicians.
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Maternal and child health in developing countries

https://policybase.cma.ca/en/permalink/policy9910
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Ethics and medical professionalism
Physician practice/ compensation/ forms
Resolution
GC10-92
The Canadian Medical Association calls on the federal government to reconsider its decision not to fund medical termination of pregnancy services as part of its funding contributions for maternal and child health in developing countries.
Policy Type
Policy resolution
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Ethics and medical professionalism
Physician practice/ compensation/ forms
Resolution
GC10-92
The Canadian Medical Association calls on the federal government to reconsider its decision not to fund medical termination of pregnancy services as part of its funding contributions for maternal and child health in developing countries.
Text
The Canadian Medical Association calls on the federal government to reconsider its decision not to fund medical termination of pregnancy services as part of its funding contributions for maternal and child health in developing countries.
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Mentoring of early career physicians

https://policybase.cma.ca/en/permalink/policy10161
Last Reviewed
2018-03-03
Date
2011-08-24
Topics
Health human resources
Physician practice/ compensation/ forms
Resolution
GC11-22
The Canadian Medical Association supports the development of programs that will facilitate the mentoring of early career physicians in their transition to clinical practice by experienced physicians.
Policy Type
Policy resolution
Last Reviewed
2018-03-03
Date
2011-08-24
Topics
Health human resources
Physician practice/ compensation/ forms
Resolution
GC11-22
The Canadian Medical Association supports the development of programs that will facilitate the mentoring of early career physicians in their transition to clinical practice by experienced physicians.
Text
The Canadian Medical Association supports the development of programs that will facilitate the mentoring of early career physicians in their transition to clinical practice by experienced physicians.
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Modern media for the delivery of medical care

https://policybase.cma.ca/en/permalink/policy10198
Last Reviewed
2018-03-03
Date
2011-08-24
Topics
Health human resources
Physician practice/ compensation/ forms
Resolution
GC11-76
The Canadian Medical Association supports inclusion of training in the uses of modern media for the delivery of medical care in undergraduate and postgraduate medical training programs within Canada.
Policy Type
Policy resolution
Last Reviewed
2018-03-03
Date
2011-08-24
Topics
Health human resources
Physician practice/ compensation/ forms
Resolution
GC11-76
The Canadian Medical Association supports inclusion of training in the uses of modern media for the delivery of medical care in undergraduate and postgraduate medical training programs within Canada.
Text
The Canadian Medical Association supports inclusion of training in the uses of modern media for the delivery of medical care in undergraduate and postgraduate medical training programs within Canada.
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Physician advocates

https://policybase.cma.ca/en/permalink/policy9915
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Ethics and medical professionalism
Physician practice/ compensation/ forms
Resolution
GC10-98
The Canadian Medical Association opposes any bylaws, codes of conduct or policies that have the potential to limit physicians’ ability to speak out or advocate on behalf of their patients or to comment on issues that affect their ability to provide high quality clinical care.
Policy Type
Policy resolution
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Ethics and medical professionalism
Physician practice/ compensation/ forms
Resolution
GC10-98
The Canadian Medical Association opposes any bylaws, codes of conduct or policies that have the potential to limit physicians’ ability to speak out or advocate on behalf of their patients or to comment on issues that affect their ability to provide high quality clinical care.
Text
The Canadian Medical Association opposes any bylaws, codes of conduct or policies that have the potential to limit physicians’ ability to speak out or advocate on behalf of their patients or to comment on issues that affect their ability to provide high quality clinical care.
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Postgraduate training positions

https://policybase.cma.ca/en/permalink/policy10188
Last Reviewed
2018-03-03
Date
2011-08-24
Topics
Health human resources
Physician practice/ compensation/ forms
Resolution
GC11-27
The Canadian Medical Association supports the development of a national forum to foster the alignment of postgraduate training positions with current and future societal needs, evolving models of care delivery and available health system resources.
Policy Type
Policy resolution
Last Reviewed
2018-03-03
Date
2011-08-24
Topics
Health human resources
Physician practice/ compensation/ forms
Resolution
GC11-27
The Canadian Medical Association supports the development of a national forum to foster the alignment of postgraduate training positions with current and future societal needs, evolving models of care delivery and available health system resources.
Text
The Canadian Medical Association supports the development of a national forum to foster the alignment of postgraduate training positions with current and future societal needs, evolving models of care delivery and available health system resources.
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Registered pension plans

https://policybase.cma.ca/en/permalink/policy9907
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Physician practice/ compensation/ forms
Resolution
GC10-89
The Canadian Medical Association calls on the federal government to amend the Income Tax Act 1985 to allow professional associations to sponsor and manage registered pension plans for self-employed Canadians.
Policy Type
Policy resolution
Last Reviewed
2017-03-04
Date
2010-08-25
Topics
Physician practice/ compensation/ forms
Resolution
GC10-89
The Canadian Medical Association calls on the federal government to amend the Income Tax Act 1985 to allow professional associations to sponsor and manage registered pension plans for self-employed Canadians.
Text
The Canadian Medical Association calls on the federal government to amend the Income Tax Act 1985 to allow professional associations to sponsor and manage registered pension plans for self-employed Canadians.
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15 records – page 1 of 2.