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Finance committee Indeed.
November 22nd, 2016Committee meeting
John Feeley
Finance committee Yes.
November 22nd, 2016Committee meeting
John Feeley
Finance committee Yes.
November 22nd, 2016Committee meeting
John Feeley
Finance committee In both cases, we spoke to actual physicians in these groups. We put them in touch with our people at MD Management, so they worked with accountants and tax specialists to figure out what the actual impact would be, based on the federal-provincial change. That's how we arrived at that number.
November 22nd, 2016Committee meeting
John Feeley
Finance committee I can't really speak to Finance Canada's scenarios because they didn't share the details with us. We would be happy to talk to them about that, but we didn't have access to it.
November 22nd, 2016Committee meeting
John Feeley
Finance committee It goes back to the survey that we did of our members. I think one of the disturbing findings that we didn't anticipate in the survey was the response from medical residents that, if they did not see an opportunity within group structures, they would leave. It would have a steering influence, if you will, on their decision where to practise.
November 22nd, 2016Committee meeting
John Feeley
Finance committee I think you have to recognize that they are all essentially in a small business. Some are solo business practitioners, some are in a group where they are sharing costs, and some have actually set up partnerships because they are pooling their income or revenue to accomplish an academic mission and clinical mission.
November 22nd, 2016Committee meeting
John Feeley
Finance committee Yes.
November 22nd, 2016Committee meeting
John Feeley
Finance committee Thank you, Mr. Chair. I'm John Feeley, vice-president of member relevance at the Canadian Medical Association. I'm joined here today by Dr. Rick Davies, who is a professor in the division of cardiology at the University of Ottawa Heart Institute and managing partner of the Associates in Cardiology group medical structure.
November 22nd, 2016Committee meeting
John Feeley