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Physician Empowerment

Author: Kevin Mailo, Wing Lim, Dimitre Ranev

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Physician Empowerment is an organization dedicated to transforming the lives of Canadian physicians through education in finance, practice management, wellness, and leadership.
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Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim talks with legendary emergency physician, Professor, and Order of Canada recipient Dr. Louis Francescutti for another episode of the Medical Entrepreneurship Series. They explore the realities of modern medicine, how AI is set to reshape emergency care, and the path from frustration to real, community-changing action. Dr. Francescutti is the founder and champion of the Bridge Healing initiative that offers transitional housing from emergency care to stable, supportive homes, and he draws from his own advocacy and innovation for the valuable advice he shares. Dr. Francescutti shares practical advice for physicians who want to lead change, and he tells Dr. Lim that waiting for grants is not the only way. Fundraising is simpler than most physicians think due to the trust and influence physicians have in their communities. He offers real ideas on how to seek monetary support for innovative care ideas. Dr. Francescutti and Dr. Lim also discuss the emotional challenges facing physicians today: how burnout and moral injury are common. He focuses on grounding in gratitude, practicing emotional intelligence, and modeling positive culture for trainees. This episode inspires physicians on ways to lead community impact projects and make a real difference in their world.About Dr. Louis Francescutti:An emergency and preventive medicine physician, a university professor, an international speaker, Past-President of the Canadian Medical Association, and Past-President of the Royal College of Physicians and Surgeons of Canada, Dr. Francescutti has spent nearly three decades advocating one message: Live Smart. Reputed as one of Canada's leading medical visionaries and regarded internationally for his 'down to earth' and 'bold' methodologies, Lou is not intimidated by political correctness, nor is he afraid to tell it like it is. "People need to hear what the real issues are--no sugar coating. We live in a world that is far too complex and unforgiving. People need to learn that they are in control of their future and fortune--both in terms of health and happiness".Dr. Louis Francescutti’s website: DrLou.ca__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Kevin Mailo welcomes radiologist, educator, and podcaster, Dr. Yatin Chadha, to the show to talk about Dr. Chadha’s newest project: Beyond Radiology. Beyond Radiology is an innovative radiology education platform designed for clinicians. Dr. Chadha explains why radiology education is essential for non-radiologists and how he built the online medical education platform from scratch. He and Dr. Mailo discuss why creative pursuits are necessary parts of a fulfilled life. Dr. Chadha shares how his passion for teaching and personal growth led him to create the practical radiology courses, which include a CT head imaging course for emergency physicians and frontline doctors. Part of the conversation revolves around how he chose to navigate mid-career growth and avoid burnout through projects he believes in. He learned a lot of lessons from running the beyond MD podcast, lessons that helped inform his approach to Beyond Radiology. Dr. Mailo and Dr. Chadha unpack the importance of creativity in medicine, carving out meaningful work beyond clinical responsibilities, and avoiding mid-career plateaus. Clinicians seeking to sharpen radiology skills or curious about blending creativity with practice will find powerful insights in this conversation.About Dr. Yatin Chadha:Dr. Yatin Chadha is a mid-career radiologist at North York General Hospital (NYGH) in Toronto and host of the well-known beyond MD podcast.Dr. Chadha completed medical school at the University of British Columbia in Vancouver, radiology residency at Queen’s University, and a musculoskeletal radiology fellowship in San Diego, California.Within medicine, Dr. Chadha is most passionate about educating learners and colleagues in radiology. His clinical interests include emergency radiology, sports medicine, rheumatology, and pain therapy.Since 2023, Dr. Chadha has been the director of radiology education at NYGH. He takes great joy in teaching and mentoring learners from medical school through fellowship. In 2024, Dr. Chadha received a teaching award for excellence in education.As a believer in lifelong learning, Dr. Chadha launched the beyond MD podcast in 2020. The podcast focuses on financial literacy and wellness topics relevant to Canadian physicians. His mission through podcasting is to learn, share, and support his colleagues across the country.Dr. Yatin Chadha on LinkedIn“beyond MD with Dr. Yatin Chadha” podcastCT Head Basics for Clinicians course__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—Dr. Wing Lim talks with Nicolas Johnson about the Critical Mineral Exploration Tax Credit (CMETC) and flow-through share investments in Canada. Nicolas has had an international career ranging from journalism for Bloomberg News in Paris and Tokyo to working with a Canadian investment fund focused on resource exploration. He explains to Wing why the government established the Flow-Through Share Program to encourage private investment in exploration for critical minerals like copper, nickel, lithium, and uranium, all of which are essential for the low-carbon economy, AI, electric vehicles, and more. Tax benefits of investment in resource exploration include a 100% income deduction for the invested amount, a 30% Critical Mineral Exploration Tax Credit on eligible investments, as well as potential returns from high-performing exploration companies. Though it’s high risk due to the speculative nature of mining startups, for incorporated professionals and high-income earners, flow-through shares can be a valuable year-end tax planning tool. Nicolas advises investors to understand the risks, eligibility requirements, and importance of professional fund management but also highlights the patriotic and economic significance of investing in Canadian critical mineral projects.About Nicolas Johnson:Nicolas joined Accilent Capital Management in late 2024 to expand support for financial advisors offering the Pavilion Flow-Through Fund. Pavilion aims for capital appreciation and significant tax benefits in the context of the Canadian government’s Flow-Through Share program. He previously worked 15 years in financial services, including more than a decade as a reporter and editor at Bloomberg News in Europe and Asia, followed by a stint as an investment reporter at The Globe and Mail in Toronto.Nicolas has also worked in advocacy, policy analysis, and strategic communication and trained as a coach. He is a big advocate for personal empowerment, responsibility, and liberty.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—Dr. Kevin Mailo welcomes Dr. FIREfly, an early-career physician, to the show to talk about her creative journey and why creativity matters. Dr. FIREfly has a financial blog she started in residency, and that, paired with her creative writing group and creative writing journey, is really what gave her an identity outside of medicine, with additional dreams to pursue. Dr. FIREfly and Kevin discuss how to make time for creative outlets and the value they add to our lives. Something Dr. FIREfly addresses is learning to manage finances effectively early on, because, as she says, “having financial stability really gives more brain space to do other things and think about other things”. Carving out an intentional creative space in her life allows her the freedom to be more than a physician and not tie her identity to a single career. She and Kevin discuss the need for identity outside of work, how to start fanning the flames of a creative interest, and why a solid grounding in financial literacy is the necessary ingredient for scaling back work when the creativity starts to flow.About Dr. FIREfly:Dr. FIREfly is a Canadian early-career physician with an interest in personal finance, medicine, and philosophy of life.Website: DrFIREfly.com__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim welcomes psychiatrist and real estate investor Dr. Kola Kolawole to Physician’s Empowerment to discuss his career and entrepreneurship journey. Dr. Kolawole was born and educated in Nigeria and trained in psychiatry in the UK before settling in Canada over 14 years ago. As both a general and forensic psychiatrist, working primarily in forensic mental health, he values the fulfillment of helping patients with complex mental health and legal challenges. His entrepreneurship in real estate has given him diverse income streams and taught him the benefits of continuous education.Dr. Lim and Dr. Kolawole talk about how Kola was inspired in the realm of passive income by his entrepreneurial mother and gained early exposure to real estate in Nigeria. Having expanded his real estate investing in the UK, Dr. Kolawole continued building a multifamily real estate portfolio in Canada while simultaneously maintaining his medical career. Wing and Kola discuss the asset-class framework, the benefits of real estate, and they trade entrepreneurship tips. Dr. Kolawole advises physicians with limited time to invest passively through partnership or established vehicles. He suggests starting small, acquiring knowledge through courses, mentorship, and groups like Physician Empowerment to build gradually. About Dr. Kola Kolawole: Kola Kolawole, MD FRCPC, is a specialist physician, entrepreneur, educator, and lifelong learner with over 20 years of experience and expertise in healthcare, real estate investing, and asset management.Dr. Kolawole is Chair of the Board of Directors for Liberty for Youth and part of the Forensic Psychiatry Institute at St. Joseph’s Healthcare Hamilton. He has authored journal articles on “Psychosocial well-being of patients with breast cancer following surgical treatment in Northern Nigeria” for BMC Psychiatry and “Psychological distress, coping strategies, and social support among HIV positive patients in Calabar, Nigeria” for the Annals of Clinical and Biomedical Research.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.caDr. Kola Kolawole:ForensicPsychiatryInstitute.comLibertyForYouth.org Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—Dr. Wing Lim welcomes Masterclass Faculty Member and tax lawyer Jason Pisesky back to Physician Empowerment for a discussion on preparing for a tax audit. Jason focuses specifically on what Canadian physicians and incorporated professionals should consider and prepare for with their professional finance and tax partners. Jason states that with the Canada Revenue Agency becoming more sophisticated, well-staffed, and equipped with AI-driven mining tools, the chance of an audit has never been higher. Wing and Jason explore common audit triggers: anything from expense deductions like travel, car, and professional dues to Employment Insurance audits that target owner-operator corporations. The CRA has new powers, which Jason outlines, and they include the ability to compel oral interviews. There is a dispute resolution process as well, but it goes from initial audit through appeals to potential court action. Maintaining accurate corporate records, bookkeeping, and compliance documents is essential, and having the right team - general accountants, tax specialists, and lawyers - is important. The bottom line, as Wing and Jason emphasize, is to expect an audit, keep strong records, and don’t face the CRA without professional representation. About Jason Pisesky:Jason is a tax lawyer, whose practice background is extensive and includes personal and corporate tax planning as well as litigation and dispute resolution. Whether you are scaling up your practice or winding it down, proper coordination between a tax lawyer and your accountant can ensure you're doing it right.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—Dr. Kevin Mailo welcomes Dr. Susannah Ward back to the show to talk about physician self-care and working with personal compassion in mind. Dr. Ward is a Physician of Rehabilitation medicine in New South Wales, Australia, who also founded a company called Ataraxia Collective that runs doctor wellbeing retreats. Susannah has been on the show before and has a wealth of poignant advice. In this episode, she shares from her experience and knowledge about wellness, authentic self, and how physicians can avoid burnout by being in touch with their own needs for compassion and recovery.Susannah and Kevin discuss the differences between having a high standard and quality of excellence versus being unrealistically perfectionistic. Self-awareness about our own blind spots is something that physicians need to avoid the single-minded productivity focus that leads to emotional numbing, siloed thinking, and a lack of overall well-being. They talk about people pleasing and recognizing our humanness, wellness habits, lifestyle practices that allow for reflection, and how to identify both skills and blind spots to achieve balance in our needs. The conversation delves into the often-overlooked need for physicians to care for their own wellness as much as they care for patients.About Dr. Susannah Ward:Dr Susannah Ward qualified as a rehabilitation physician in 2018 with the Royal Australasian College of Physicians (RACP) Australasian Faculty of Rehabilitation Medicine (AFRM) Basmajian Award for best fellowship clinical exam performance. She has over 18 years of experience working in public and private hospitals across Australia. She has diverse clinical experience in general medical and surgical care, palliative care, geriatrics, and rehabilitation. She has rehabilitation experience working in brain injury, spinal cord injury, chronic pain, geriatrics, palliative care, orthopaedic rehabilitation, stroke, amputation and general rehabilitation. She has private clinics at The Wellness Place Blacksmiths. She also offers telehealth appointments and home visits. She has a special interest in acquired brain injury. She has an expert understanding of the behavioural, psychological and social challenges faced by people & the impact of environment, upbringing & social determinants of health.Dr Ward is passionate about holistic health and lifestyle, behavioural and psychological rehabilitation. She likes incorporating evidence-based wellness tools like mindfulness, healthy eating, exercise and social/lifestyle prescription into her goal-directed and patient-centred care. She promotes the key message that living with illness or injury need not be a barrier to feeling well or living life to the full. Dr Ward’s therapeutic emphasis is to support clients to self-compassionately accept themselves and acquire self-mastery skills to maximize their functional ability and quality of life. She aims to help empower clients to independently self-care and optimally manage their circumstances using wellness tools and adopting a healthy lifestyle.Dr Ward founded Ataraxia Collective in 2018 as a creative adjunct to her clinical practice. She hosts retreats and workshops that showcase powerful holistic tools like mindfulness and yoga. She also hosts doctor well-being and CPD retreats.Dr Ward’s first self-care book, Mastering Real Wellness, is available to purchase on Amazon.Website: AtaraxiaCollective.com.auLinkedIn: DrSWardAXCBook: “Mastering Real Wellness: A self-mastery framework to create holistic health and optimal living” by Dr. Susannah Ward__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim welcomes Masterclass faculty member Simon Wong back to the show to discuss global and local taxes for Canadians. Simon explains how taxes vary for Canadian citizens according to physical or tax residency, the international tax rules that affect tax brackets and investments. It’s a situation many medical professionals find themselves in for training, work, or financial ventures, and understanding how these taxes work is key to making wise decisions. The first thing Simon tackles is the three labels of citizenship, tax residency and physical residency. Each carries a different set of rights, obligations and planning consequences despite sounding similar. He and Wing then delve into deeper questions. How are offshore strategies affected by taxation? How can someone avoid becoming a dual country tax resident? What cross-border taxation applies to real estate in the US? Simon and Wing broach all these questions and more, exploring the best tax and accounts options for Canadian physicians at home and abroad.  About Simon Wong:As an Integrated Wealth Planner, Simon's expertise lies in simplifying complex financial concepts into clear, actionable insights, forming the cornerstone of his Financial Plans. Simon specializes in navigating individuals and businesses through the intricate landscape of tax planning and investing, utilizing his extensive knowledge and experience to foster their financial success and stability.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this second episode of a two-part special, Dr. Kevin Mailo continues his conversation with Jayna Amadasun about workplace safety as it pertains to physicians and health care workers. Jayna Amadasun is the founder of Ember Impact Global, holds a Master of Laws in Medical Law and Ethics degree, and is a Doctor of Medicine. She and Dr. Mailo dive deeper into the subjects addressed in the first half of the episode, discussing the need for real, base policy change regarding healthcare worker safety and the need to rebalance the scales of justice in healthcare.       Jayna talks about the need to truly understand that frontline workers in healthcare are the eyes and ears of the organization at large. The frontline workers are intimately involved with every aspect of the day, so if they bring up things that aren’t right or that are having a negative impact, that conversation needs to be had. The advocacy of physicians and healthcare workers needs to be supported, not fall on deaf ears, but be truly heard. Jayna and Kevin highlight the need for physicians to be reminded of their worth and that they have value and deserve workplace safety and respect. Better and safer working conditions lead to better worker retention and foster a better healthcare system overall.  About Jayna AmadasunJayna is a Consultant, Solution-Focused Professional Coach, Speaker, and Author of the 7-Week Journal: Passion & Purpose. As the Founder of Ember Impact GlobalsJayna is passionate about helping to inspire, empower, and impact individuals through a coaching partnership where each person has the potential to experience transformational results personally and professionally. Jayna provides clients access to guiding principles and tools, fostering an ecosystem where individuals and organizations dare to thrive. She holds the space for everyone to engage in self-discovery, embrace the endless possibilities that emerge and curate a life that aligns with their values and goals.  As a powerful and thought-provoking speaker, Jayna delivers impactful keynotes to empower and transform. She eloquently articulates difficult conversations around the discourse of racial discrimination. Her love for medicine and a deep desire for advocacy drive her to focus on matters related to healthcare professionals and their workplaces.Jayna holds a Master of Laws in Medical Law and Ethics (LLM) with Merit from the University of Edinburgh and a Doctor of Medicine degree. A Human Rights Consultant, certified by the US Institute of Diplomacy and Human Rights, she empowers Medical Practitioners to navigate workplace complexities with ethical and legal insights. She spent almost two decades as a healthcare professional before embarking on her entrepreneurial journey.Jayna is a Rotarian, the President of her club and serves as secretary of the Community Services subcommittee, who is committed to “Unite For Good”. Her dedication to the advancement of women is seen through her appointment as Chair of the Board of Directors for Black Canadian Women in Action. She values lifelong learning and enjoys cooking, travelling and watching low-budget romantic comedies. She is a wife and mother passionate about her family and excited about new possibilities emerging through service opportunities.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.caJayna Amadasun:Website: Ember Impact GlobalLinkedIn: Jayna AmadasunInstagram: EmberImpactCalendly: Jayna Amadasun Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Kevin Mailo welcomes Jayna Amadasun back to Physician Empowerment to talk about workplace safety, specifically as it pertains to physicians and health care workers. Jayna Amadasun is the founder of Ember Impact Global and holds a Master of Law in Medical Law and Ethics degree as well as being a Doctor of Medicine. This is the first part of a two-part episode focusing on building safer workspaces and acknowledging the dangers faced by physicians and those in the healthcare profession, including the dangers inherent in advocating for themselves and their patients.       Kevin addresses the summer of 2025 lawsuit in BC launched by a physician working in the emergency department who is contending wrongful dismissal for calling out unsafe working conditions in public. Despite the support of 50 colleagues in the province who cosigned a letter of support, that physician was fired and many claim it’s because she spoke out.  Jayna and Kevin explore the risks healthcare workers face from patients, how cases like that of the physician in BC discourage safety advocacy, and the flaws in the existing system as it pertains to physician care. Jayna describes alternative ways to address healthcare workplace safety and stresses that interprofessional relationships must be fixed.    About Jayna AmadasunJayna is a Consultant, Solution-Focused Professional Coach, Speaker, and Author of the 7-Week Journal: Passion & Purpose. As the Founder of Ember Impact GlobalsJayna is passionate about helping to inspire, empower, and impact individuals through a coaching partnership where each person has the potential to experience transformational results personally and professionally. Jayna provides clients access to guiding principles and tools fostering an ecosystem where individuals and organizations dare to thrive. She holds the space for everyone to engage in self- discovery, embrace the endless possibilities that emerge and curate a life that aligns with their values and goals.  As a powerful and thought-provoking speaker, Jayna delivers impactful keynotes to empower and transform. She eloquently articulates difficult conversations around the discourse of racial discrimination. Her love for medicine and a deep desire for advocacy drive her to focus on matters related to healthcare professionals and their workplaces.Jayna holds a Master of Laws in Medical Law and Ethics (LLM) with Merit from the University of Edinburgh and a Doctor of Medicine degree. A Human Rights Consultant, certified by the US Institute of Diplomacy and Human Rights, she empowers Medical Practitioners to navigate workplace complexities with ethical and legal insights. She spent almost two decades as a healthcare professional before embarking on her entrepreneurial journey.Jayna is a Rotarian, the President of her club and serves as secretary of the Community Services subcommittee who is committed to “Unite For Good”. Her dedication to the advancement of women is seen through her appointment as Chair of the Board of Directors for Black Canadian Women in Action. She values lifelong learning and enjoys cooking, traveling and watching low-budget romantic comedies. She is a wife and mother passionate about her family and excited about new possibilities emerging through service opportunities.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.caJayna AmadasunWebsite: Ember Impact GlobalLinkedIn: Jayna AmadasunInstagram: EmberImpactCalendly: Jayna Amadasun Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Kevin Mailo and Dr. Wing Lim talk about the intersection of real estate investing and the demanding lives of Canadian physicians. They explore the common barriers physicians face when entering real estate, including time constraints, risk tolerance, and lack of knowledge about different investment models. They highlight how real estate can offer powerful benefits, like capital appreciation, tax advantages, and leverage, and they are honest about the potential drawbacks, which can make investing feel like a second job.      Both Wing and Kevin share personal "war stories" from their early adventures in real estate, illustrating the importance of learning through experience and mentorship. Dr. Mailo discusses managing property crises while balancing night shifts, and Dr. Lim describes an overwhelming period managing family-owned condos during residency, which led him to avoid real estate for nearly two decades. Both eventually found success, however, by investing strategically, and they now advocate for peer-to-peer education and community support through platforms like Physician Empowerment. About Dr. Kevin Mailo: Kevin is an Emergency Physician who brings nearly two decades of experience as a top-rated educator through his uniquely entertaining approach. With strong returns in real estate and the public markets, Kevin enjoys financial security that has allowed him to begin working part-time before his tenth year in practice, and freely raise his four beautiful children.For Kevin, money isn’t about consumer spending; it’s about building our best personal lives and ensuring we are practicing our best medicine. His dream is to see every Canadian physician enjoying personal financial security.About Dr. Wing Lim:Dr. Wing is a Family Physician based in Edmonton with a practice focus on the care of the elderly.But Wing’s story is incredible: he started as a struggling solo-practitioner and went on to become a real estate developer who executed over $100 million in new construction – including one of Canada’s largest independent clinical facilities – Synergy Medical.Wing inspires with not only his practical application of knowledge but also the wisdom acquired through his decades of personal financial learning.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim welcomes Obed Maurice, CPA, CA, CFP, and founder of financial wellness tech startup MaximONE, to Physician Empowerment to share tax insights. Obed talks about his career journey, which led him from a very lucrative position at an accounting firm to founding his own more holistic business model that focuses on a comprehensive view of client finances. He explains how his firm differs from more traditional accounting firms and how that leads his team to be able to understand tax insights that other firms may miss.    Wing and Obed discuss in practical terms how Obed’s approach to clients differs, and how he spends a significant amount of time getting to know the client and their overall situation during discovery. His team focuses more on total wealth planning instead of just tax filing year to year. Obed offers advice from his experience on things everyone should be looking at in terms of tax planning, from deferred income and salaries versus dividends to estate planning and income splitting opportunities. He explains to Wing that the simplicity of financial hygiene and long-term impact lead to a greater return on investment and the right tax strategy is very much part of that equation. This episode gives valuable insights into what to look for in terms of overall accounting practices that take more than just a single tax return into consideration year by year.About Obed Maurice: Obed Maurice, CPA, CA, CFP, stands out as an accomplished holistic financial planner with a wealth of experience and a commendable track record. Holding the distinguished credentials of a Certified Public Accountant (CPA) since 2010, Obed has held significant roles, including that of Chief Operating Officer for a prominent ultra high-net-worth family office and later, as a partner in a mid-sized CPA firm. His entrepreneurial spirit led him to establish one of Canada’s pioneering cloud-based CPA firms, a venture that saw successful acquisition in 2018. Furthering his innovative pursuits, Obed launched MaximONE, a tech startup dedicated to automating financial wellness and offering proactive advice.Obed’s contributions to the field have not gone unnoticed; he has been honored with the CPA Distinguished Service Award by CPA Alberta and the Career Virtuoso Award by Lethbridge College, underscoring his exceptional service and dedication to his profession. As a holder of CPA, CA, and CFP designations, Obed’s passion lies in empowering individuals to unlock their potential through sound financial planning.His philosophy towards financial planning is deeply personal, drawing from the comprehensive and holistic needs of his own family. Obed excels in assisting entrepreneurs and professionals in amplifying the value of their life’s work, guiding them in wealth creation and preservation through meticulous planning, strategic,, holistic approaches, and a dedicated team to bring plans to fruition.Beyond his professional endeavours, Obed’s personal life is enriched by his roles as a husband and father to a young daughter. He is deeply committed to community service, actively participating in volunteer activities and contributing positively to society.__Resources discussed in this episode:Obed Maurice on LinkedInMaxim Advisory Group__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this second part of a two-part episode, Dr. Kevin Mailo continues his conversation with Kate Post, Chief Operations Officer for a multi-location dental practice, on the subject of managing employees. They shift focus to nipping potentially toxic behavior in the bud, getting to the root of disruptive behavior with conversation and not confrontation, and how to ensure your employees feel seen and valued. Kate has a wealth of interpersonal experience that she shares, and her insights emphasize seeing employees as valuable human contributors who need to be managed with care.   Kevin and Kate examine how to address problematic behavior that could become toxic in a way that sets a culture tone for the entire office. They look at how to call people out compassionately by first remembering that employees are humans with personal lives of their own. Kate stresses that modelling the behavior wanted in staff is key, and giving positive reinforcement when you see the values echoed is important in maintaining expectations. Kevin and Kate explore staff appreciation, being open to ideas from staff members, and maintaining a supportive office culture as vital components of managing staff well and keeping an office thriving.About Kate Post: Kate Post is highly skilled at streamlining operations, increasing revenue and reducing costs to maximize business profits. A decisive and strategic leader with a demonstrated track record of success in single-owner multiple dental practice environments, Kate has successfully worked in a variety of dental practices throughout Ontario over the past 22 years with over 1500 team members.Kate has the ability to adapt to the varying needs of entrepreneurs and a variety of business types with previous experience in retail start-ups, the service industry and the dental business. With the compliment of recently completed Project Management courses, she has the skills to work with entrepreneurs in planning out their future goals, guiding teams towards the future and achieving quantifiable results.Kate Post on LinkedIn__Resources discussed in this episode:Episode 62: Optimizing Your Office-Based Practice with Kate Post__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Kevin Mailo welcomes back Kate Post, Chief Operations Officer for a multi-location dental practice. Kate has a lot of practical experience and insight in maintaining efficient medical offices. In this conversation, she and Kevin discuss the challenges of managing employees in medical and dental practices. They talk about addressing conflicts or tensions with employees, documenting performance-related meetings, and the need for ongoing communication and adaptation as a practice grows.Kevin and Kate emphasize the importance of understanding different employee personalities and how to look for a balance between delegating control and maintaining standards. Kate Post highlights the need for clear expectations, documentation, and addressing performance issues promptly. She notes that most employees improve with proper guidance, while only a small percentage may not be a good fit long-term. Kate also addresses how to handle conflicts respectfully and professionally, as well as the legal requirements for documentation in performance management. This episode focuses on the realities of managing employees in a successful medical practice, shining a light on key topics and advice that will assist all dental and medical practice owners.About Kate Post: Kate Post is highly skilled at streamlining operations, increasing revenue and reducing costs to maximize business profits. A decisive and strategic leader with a demonstrated track record of success in single-owner multiple dental practice environments, Kate has successfully worked in a variety of dental practices throughout Ontario over the past 22 years with over 1500 team members.Kate has the ability to adapt to the varying needs of entrepreneurs and a variety of business types with previous experience in retail start-ups, the service industry and the dental business. With the complement of recently completed Project Management courses, she has the skills to work with entrepreneurs in planning out their future goals, guiding teams towards the future and achieving quantifiable results.Kate Post on LinkedIn__Resources discussed in this episode:Episode 62: Optimizing Your Office-Based Practice with Kate Post__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Kevin Mailo welcomes back Dr. Jayna Amadasun, an Ethical Strategist and Founder of Ember Impact Global, to discuss how to address the critical challenges facing healthcare retention through supportive environments. Dr. Mailo and Jayna explore the emotional and physical toll on healthcare workers and how to combat poor workplace culture, burnout, and a lack of support. Onboarding should be intentional and integrate new hires into environments rich with mentorship and attentive leadership.  Kevin and Jayna talk about the need for human-centered systems to improve worker retention. It’s not enough to simply hire new healthcare workers; administrators must be accountable for ensuring their long-term satisfaction and engagement. Jayna explains that thriving workplaces build their own momentum in terms of attracting and retaining staff. Through thoughtful onboarding, listening, and investing in workplace culture and support, professionals will be fostered in environments they want to stay in. If healthcare leaders can prioritize the needs of frontline workers, patient outcomes will be improved and system strain reduced. About Jayna Amadasun:Jayna Amadasun is a dynamic ethical strategist and consultant who coaches Black medical professionals. With an M.D. from the Dominican Republic, Jayna brings a wealth of experience, having worked as an R.N. in the Bahamas and trained in the U.S. healthcare system. She holds a Master’s in Law and Medical Ethics from the University of Edinburgh and is committed to creating equitable healthcare environments. Her unique perspective, shaped by years in emergency and flight medicine, allows her to address the complex issues facing healthcare systems today.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.caJayna Amadasun:Website: Ember Impact GlobalLinkedIn: Jayna AmadasunInstagram: EmberImpactCalendly: Jayna Amadasun Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim welcomes Dr. Marc-Emile Plourde, a radiation oncologist and medical entrepreneur, to the show to talk about his medical and entrepreneurial journey. Marc-Emile has been in practice for eleven years, has a chemist wife and two young children, and he also runs a medical pocket book digital publishing company. He talks with Wing about his reasons for creating the digital publishing app and explains how he not only offers advice to medical authors but coaches them through the process of detailing their specialties.Dr. Lim and Dr. Plourde discuss the ever-changing face of medical publishing, the challenges and rewards of maintaining an entrepreneurial side business while in medicine, and the call of helping professions. Marc-Emile is a Physician Empowerment member and he highlights some of the benefits Masterclasses have brought into his personal and professional lives. The entrepreneurship series continues to focus on stellar physicians managing business aspirations alongside their medical careers and how they keep both in balance.About Dr. Marc-Emile Plourde: Dr. Marc-Emile Plourde is a doctor specializing in radiation oncology. He over-specializes in the treatment of lung cancer, cerebral metastases and cancers of the digestive system.Dr. Plourde has been working at the Sherbrooke University Hospital Center (CHUS) as a clinical doctor since September 2014. He is also an assistant professor at the Faculty of Medicine and Health Sciences at the University of Sherbrooke.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.caMarc-Emile Plourde, MD, FRCPC:App Website: Messil.comLinkedIn Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim welcomes Galen Nuttall, a Certified Financial Planner specializing in working with medical professionals, to the podcast to discuss the vital role of insurance in financial planning for physicians. Galen explains how insurance protects income, mitigates risks, and serves as a strategic tool for long-term financial security. He emphasizes the importance of understanding different types of insurance, such as life, disability, and critical illness, and how they fit into different career stages. He and Wing highlight the need for physicians to take a proactive approach to financial planning, ensuring they are properly protected while advancing their wealth and tax goals.Dr. Lim and Galen Nuttall focus on how insurance can be more than just a safety net. They explore how it can also be a powerful tax and investment tool. Galen shares personal anecdotes, including how his perspective on life insurance shifted after witnessing its real-life impact. The conversation touches on common misconceptions, the importance of structuring policies correctly, and how physicians can build a strong financial foundation by integrating insurance into their overall financial plans. About Galen Nuttall, M.Ed, CFP: Galen is a teacher turned Certified Financial Planner. He lives in Belleville, Ontario with his wife, two children, and crazy dog Taco. He grew up watching his dad (a now-retired nephrologist) struggle to make good decisions around his money. It felt like everyone wanted time with him to pitch the latest and greatest financial product. As a CFP who also has a Masters in Education, Galen loves making complex financial concepts simple - usually by using stick figure drawings. He is a partner at the Maxim Advisory Group and works with skilled financial planners with many years of experience. He loves spending his time interviewing fascinating people for his podcast and getting outdoors, whether it be on the backyard rink or going to the beach with his family.__Resources discussed in this episode:Podcast: A Clean Bill of Wealth Podcast with Galen Nuttall, M.Ed, CFP__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.caGalen Nuttall, M.Ed, CFP:Website: GalenHelpsDocs.comLinkedIn Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Kevin Mailo welcomes returning guest Jayna Amadasun, MD - ethicist and founder of Ember Impact Global - to the show to discuss Bill 83. Bill 83 is a legislative measure in Quebec that mandates that doctors who receive their training in the province must work in the public healthcare system for five years; if they don’t, they face substantial fines of up to $200,000 per day. Jayna and Kevin critique this policy, calling it coercive and relating it to indentured servitude. They discuss the impacts the bill could have on the healthcare system. Dr. Mailo and Dr. Amadasun highlight certain systemic problems in the medical profession, including the exploitation of residents, student debt burdens, and a lack of respect for physicians' contributions. Rather than imposing restrictive measures, they believe policymakers should improve working conditions by collaborating with doctors. Jayna explains why physicians, like other professionals, deserve fair treatment, and ultimately concludes that governments should prioritize physician well-being to ensure quality patient care. The conversation around Bill 83 focuses on the need for physician empowerment, collective advocacy, and a system reform to regain a more sustainable and equitable healthcare system. About Jayna Amadasun, MD: Jayna Amadasun is a dynamic ethical strategist and consultant who coaches Black medical professionals. With an M.D. from the Dominican Republic, Jayna brings a wealth of experience, having worked as an R.N. in the Bahamas and trained in the U.S. healthcare system. She holds a Master’s in Law and Medical Ethics from the University of Edinburgh and is committed to creating equitable healthcare environments. Her unique perspective, shaped by years in emergency and flight medicine, allows her to address the complex issues facing healthcare systems today.__Resources discussed in this episode:Episode 52: Real Change in Our Healthcare System with Jayna Amadasun, MD, LLM__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.caJayna Amadasun, MD:Website: Ember Impact GlobalLinkedIn: Jayna AmadasunInstagram: EmberImpactCalendly: Jayna Amadasun Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Kevin Mailo welcomes Kate Post to the show to discuss her dental practice consultancy firm and how she works with hundreds of Canadian dentists to assist them in optimizing their practices. Kate has 25 years of experience working in dental practices and dental management, and she shares her insights on what it takes to instate systems that improve efficiency and the patient experience. Optimizing medical practices is not something that doctors and dentists are given a lot of instruction on but it’s key to creating better patient outcomes and making for a happier, healthier practice overall. Kate details her process for Kevin, explaining how she assesses the practice needs through observation, discussion, and evaluating newly instated processes. Kate touches on revenue streams, tax strategies, employee contracts, delegation, and the human dynamic intrinsic to any successful practice. Kevin explores the challenges Kate faces in coming into practice as an outside voice and how she works with the medical practitioner to inform and support what is ultimately their decision.  About Kate Post: Kate Post is highly skilled at streamlining operations, increasing revenue and reducing costs to maximize business profits. A decisive and strategic leader with demonstrated track records of success in single-owner multiple dental practice environments, Kate has successfully worked in a variety of dental practices throughout Ontario over the past 22 years with over 1500 team members.Kate has the ability to adapt to the varying needs of entrepreneurs and a variety of business types with previous experience in retail start-ups, the service industry and the dental business. With the compliment of recently completed Project Management courses, she has the skills to work with entrepreneurs in planning out their future goals, guiding teams towards the future and achieving quantifiable results.Kate Post on LinkedIn__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Want to dive deeper into topics like this? Master your journey with Physician Empowerment’s Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim talks with financing expert Gaurav Sobti about the real estate investment financing landscape. They explain the differences between residential and commercial financing, heading into a deeper exploration of the complexities involved in financing the different types of real estate. Wing and Gaurav’s discussion highlights the variety of lenders beyond traditional banks, including credit unions, insurance companies, and non-bank lenders. They also explore the complexities of commercial lending and the role of personal and group guarantees. A major topic covered is the CMHC Select program, a government initiative to encourage multifamily housing development through favorable loan terms. The program aims to promote affordability, accessibility, and energy efficiency in housing. Wing and Gaurav talk about how this initiative has significantly impacted the real estate market, making multifamily investing more attractive and accessible. They also examine market volatility, interest rate trends, and the importance of working with knowledgeable professionals in financing. This episode serves as a guide for Canadian investors looking to strategically navigate the real estate lending process.About Gaurav Sobti, CPA, CA, CFA: Gaurav Sobti has 10+ years of financial services experience across real estate, investments, finance and accounting.Gaurav’s most recent formal role was with a national real estate finance firm where he was responsible for originating and underwriting commercial mortgage transactions with a specialty on CMHC-insured (multi-family) financing. Prior to that, he spent 4+ years at a private investment fund which had a mortgage investment fund. Prior to that, Gaurav worked at Alberta Teacher’s Retirement Fund Board on the private investments team focused on private equity transactions. Gaurav was part of a top-performing team that managed a $3Bn institutional grade portfolio. Gaurav started his career at Deloitte, one of the largest accounting/advisory firms in Canada and worldwide.By training, Gaurav is a designated CPA, CA and CFA Charter holder. Gaurav is a licensed mortgage associate.Gaurav Sobti on LinkedInCreate Commercial Mortgage Services__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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