The CFPC supports members who are beginning their careers in family medicine through the First Five Years in
Family Practice (FFYFP) Committee.
Some of the resources and considerations available for FFYFP members include:
Residents can attend one of the CMA Joule Practice Management sessions offered throughout the year in partnership with the medical schools. The sessions are free and presented by physicians who are subject matter experts (industry-free), covering transition to practice topics such as finances, taxes, evaluating practice options, remuneration models, principles of billing, contracts and negotiation, memberships and fees, working out of province. View the upcoming dates to attend a virtual session.
CMA Joule also offers a number of helpful online practice management resources (PDFs):
Membership in the CMA provides access to a number of physician resources.
The CMPA’s mandate is to provide its members with liability protection, advice, and resources to help manage medical-legal risk in clinical practice. They can provide advice related to patients, patient care, and the doctor-patient relationship.
Contact the CMPA about flexible payment options. The CMPA allows new members to pay retrospectively for the first three and six months, to accumulate some billings before payment, or delay the start of your CMPA coverage for your practice start date.
Associations | Abbreviation | Summary | Website |
The College of Family Physicians of Canada | CFPC | Certification Examination in Family Medicine, Certificates of Added Competence (CAC), and continuing professional development (CPD) credit reporting for family physicians (Mainpro+). | https://www.cfpc.ca |
Provincial Chapter of the CFPC | Varies (e.g., British Columbia College of Family Physicians (BCCFP)) | Provincial Chapters of the CFPC support members living and practising in the province/territory, as well as local leadership and advocacy initiatives and opportunities for CPD. | https://www.cfpc.ca/en/provincial-chapters |
Provincial and territorial medical regulatory authorities | Varies (e.g., College of Physicians and Surgeons of Ontario (CPSO)) | Licensing body and regulatory authority for physicians | See https://fmrac.ca/members/ for a list of provincial and territorial authorities |
Canadian Medical Protective Association | CMPA | The CMPA provides advice and assistance when medical-legal difficulties arise, as well as resources to help manage risk and contribute to safe medical care. | https://www.cmpa-acpm.ca/en/home |
Canadian Medical Association | CMA | The CMA provides resources for physicians, focuses on advocacy, and seeks to inform and shape public policy with the perspective of Canada’s physicians. | https://www.cma.ca/ |
Provincial and territorial medical association | Varies (e.g., Alberta Medical Association, Doctors Manitoba) | The provincial and territorial medical associations are autonomous divisions of the CMA, with responsibilities specific to their provincial and territorial jurisdictions that can include negotiations for compensation, access to legal review services, and insurance and financial programs. | https://www.cma.ca/provincial-and-territorial-medical-associations |
Specific details about provincial/territorial associations are available on the provincial/territorial resources pages.
Spring exam (April) – Apply in December to January
Fall exam (October) – Apply in May to June
You will receive an email notification when the results are available online (approximately eight weeks after the examination); you can access results through your CFPC member portal under “My Account” then “Exams”
You will also receive an exam result letter by mail approximately two weeks after your results are available
You will be granted the CCFP Special Designation upon successful completion of your exam and proof of completion of training from your residency program
Your official certificate will arrive in the mail within 12 weeks of your certification date
If you receive an unsuccessful result and are still within your exam eligibility (i.e., three full exam attempts or three years from the date of completion of training, whichever happens first) you may apply to re-sit the exam using the online exam application on the CFPC website. The deadline date to register to re-sit the family medicine examination is February 1st for the spring exam, June 30th for the fall exam.
Some provinces/territories will allow you to practice under a provisional or restricted license until you receive your certification. To confirm the specific licensing requirements, contact the medical regulatory authority (MRA) for the province/territory where you plan to practice. The list of MRAs in Canada is available at https://fmrac.ca/members/.
Detailed information, key dates, and deadlines are available on the CFPC website.
You can find more specific information about licensing, billing, hospital privileges, insurance billings, etc., on the dedicated resources page for each province and territory.
Getting started will depend on how and where you decide to practice; however, in general you must:
Apply for licensing with your provincial/territorial medical regulatory body
Advise the CMPA you are practising independently (no longer a resident) and request your proof of coverage
Apply/arrange for provincial/territorial insured billings
Apply for a workplace compensation billing number
Register with your provincial/territorial medical association
Apply for hospital privileges if you are planning to work in a hospital or locum/work in a clinic where you require hospital privileges
Application may be through the health authority or the hospital themselves, and will require forms to be completed, such as medical diploma, resume, medical license, CMPA proof of insurance, CCFP Special Designation or its related exam result, MCCQE Part II result, and confidentiality agreement (process can be started before all documents are received)
Your team may include some or all of these people or services. Consider taking the time to meet with several people to find the right fit for you.
Financial planner/accountant: Helps with debt management, budgeting, investment strategies, retirement planning and incorporation. Characteristics of a good financial planner:
Respects your vision, goals, and risk tolerance
Is accessible
Provides advice, and answers your questions
Is transparent
Works collaboratively and makes you feel comfortable
Has your best interests in mind
Tax consultant: Helps with tax planning, advice for deductions, and credit strategies
Your taxes will not be automatically deducted from your salary, so you need to plan ahead to avoid a surprise bill at tax time
Insurance adviser: Helps plan for disability insurance, life insurance, overhead insurance, critical illness insurance, and extended health and dental insurance
Lawyer: Helps with professional contracts, corporate/business structure, negotiations and agreements, and incorporations
Banker/banking partner: Provides advice on financing options, risk management, and professional banking services
Colleagues and mentors: People you can rely on to help with medical or business questions
Professional Advisory Team Checklist (PDF – two pages)
Practice Type |
Advantages |
Disadvantages |
Solo |
More autonomy and control, staff dedicated to supporting you, you are the sole decision maker |
Increased costs (start-up/ongoing), more responsibilities, potential coverage issues (critical labs, vacation), no on-site peer support |
Partnership/Group |
Cost-sharing/economy of scale, task sharing (e.g., on-call), possible coverage for vacations, second opinions easily available |
Less autonomy, differences of opinions, potential for space issues, need for legal agreements and organization structures |
Route |
Advantages |
Disadvantages |
Locums |
Easier transition to practice, less paperwork, identify pros/cons of practice types and settings, less expensive overhead |
Less routine, no guarantee to have work, potential billing issues, need legal support (contracts), following policies of the other doctor, limited control over practice environment (such as staff, call setup) |
Take over existing practice |
Office is already set up, patient roster and charts are available, possible mentor for the first months during transition |
Hard to change existing rules/policies, quicker transition than building a practice, potentially large patient roster, possible differences between you and outgoing physician |
Start your own practice |
Determine own policies and processes, transition at your own pace |
Significant work/costs to set up everything, slower income increase, may be hard to find opportunities in some provinces/territories, steeper learning curve |
Each profile on the website includes details about the clinical life, weekly schedule, and transition to practice experience of the profiled physician.
Common models and payment mechanisms in Canada include:
The full guide and summary are available on the Patient’s Medical Home website.
Specific details may also be available on the provincial/territorial resource pages.
This guide created by the FFYFP Committee includes tips for locum contracts, policies, and finding a job.
Note: For information only. This list is not comprehensive or endorsed by the CFPC.
A pamphlet/welcome letter to provide to your patients, to explain your clinic rules. Samples are available online. The pamphlet may include:
Staff roles at your clinic may include:
You should ensure that you receive a signed contract from new employees before notifying other candidates that they were not selected for the job. All employment contracts should be reviewed by a lawyer and include:
In general, all contracts should be reviewed by a lawyer for your protection. Many of the provincial/territorial medical associations provide contract review at no cost to members (potential for longer wait times).
Employment contracts should include the following details:
Locum contracts should have additional details, including:
The CMPA can offer support for legal matters related to patients and patient care (e.g., access to EMRs/patient records after leaving a clinic, doctor/patient relationship, etc.).
This guide, created by the FFYFP Committee, includes basic details about what locum contracts should include in terms of payments, patient responsibilities, and expectations.
Tips and tricks for negotiating:
Negotiation Checklist (PDF, one page)
Note: For information only; not endorsed by the CFPC or the FFYFP Committee members.
The White Coat Investor – Don’t Make These 10 Financial Mistakes: Podcast #191
Incorporation, or creating a medical professional corporation, is one strategy to pay lower taxes or defer paying taxes. It is not beneficial for everyone, so it is important to consult your financial adviser about the advantages and disadvantages for your personal situation, to help you decide if you will incorporate now, later, or not at all. In general, incorporation allows a physician to claim income to the corporation, rather than themselves personally, and then pay themselves dividends or a salary. Corporate tax rates are lower than personal income tax rates.
The process to incorporation: