The Canadian Medical Association (CMA) met
today with Finance Minister Bill Morneau, at the Minister’s request, to voice
the concerns of physicians and the small business community on the
government’s proposal to change well-established tax planning measures.
Our delegation comprised Dr. L. Marcoux,
CMA President; Dr. G. Osler, CMA President Elect; Dr. S. Whatley, Ontario
Medical Association President; and Dr. T. Larsen Soles, Doctors of BC
President. CMA staff in attendance included CEO Tim Smith; John Feeley,
Vice-President of Member Relevance; and Joseph Mayer, Vice-President of
Patient and Public Engagement.
During the hour-long meeting, Minister
Morneau heard directly from physician-representatives on the realities of
operating a medical practice as a small business; how we rely on working
capital to expand practice coverage, and the importance of investing in
equipment and buying medical supplies, or having working capital to offset
unanticipated costs, sick or parental leave, staff turn-over, and other
We described to the Minister the
far-reaching implications of the proposals, and emphasized that the short time
frame for consultation is not conducive to a resolution that takes into account
the myriad of issues confronting small business operators.
We expressed our willingness to work with
government to find solutions which will promote the continued success of small
businesses and medical practices in Canada.
Dr. Laurent Marcoux, Canadian Medical Association President