Physician Empowerment by Kevin Mailo, Wing Lim, Dimitre Ranev

July 30, 202635 min

86 - The Hidden Power of Insurance in Tax Planning with Angela Lang

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 accountant and insurance strategist Angela Lang to discuss how permanent life insurance can become a valuable component of tax planning for Canadian physicians and incorporated professionals. Moving beyond the traditional view of insurance as simple risk protection, Angela explains how properly structured corporate life insurance can support estate planning, improve tax efficiency, and facilitate wealth transfer while reducing future tax liabilities. Angela and Dr. Lim explore the opportunities and risks surrounding advanced insurance planning strategies, including corporate-owned life insurance, immediate financing arrangements, leverage, and charitable giving. They discuss why physicians should avoid one-size-fits-all financial advice, the importance of coordinating insurance planning with accountants and tax lawyers, and the warning signs of overly aggressive insurance strategies. This episode provides Canadian physicians with practical insights into using insurance appropriately as part of a comprehensive financial and estate planning strategy. About Angela Lang: As a Principal of Promerita's Strategic Wealth practice, Angela Lang advises private clients and business owners in assessing their financial and risk management needs and works with them to develop cost-effective wealth, estate and risk management solutions. Angela works with business families and incorporated professionals and enjoys collaborating with a client’s team of trusted advisors to optimize their estate plan. Angela completed a Master’s degree in Health Administration (MHA) at UBC, working in the area of health care policy and administration. Then she completed the Chartered Professional Accountant (CPA, CGA) designation and worked in industry before deciding to take her financial expertise and desire to work with clients into the area of life insurance and estate planning. Angela is a member of the Canadian Tax Foundation, CPA Canada, CPA BC, the Estate Planning Council of Vancouver, as well as the Conference for Advanced Life Underwriting (CALU), where she has been an active committee member. She has also served on the board for a youth-based not-for-profit organization. Born in North Vancouver and currently living on the North Shore with her husband and two children, Angela enjoys cooking, eating, and international travel. In her spare time, she enjoys hiking the local mountains and reading. Website: Promerita.com LinkedIn __ Physician Empowerment: Attend an upcoming Empowerment Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

June 30, 202639 min

85 - Tax Smart Strategic Giving with John Bromley

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 speaks with John Bromley, founder of Charitable Impact, about strategic charitable giving and how Canadian physicians and incorporated professionals can maximize both impact and tax efficiency. John explains the role of donor-advised funds, how they allow donors to separate the timing of charitable donations from grant decisions, and why they can be an effective tool for long-term philanthropy, tax planning, and legacy building. Dr. Lim and John discuss how donor-advised funds can help Canadians become more intentional, strategic, and effective in their charitable giving. John shares his perspective that philanthropy should be approached with the same thoughtfulness as any other aspect of financial planning, allowing donors to maximize both their community impact and available tax advantages. He explains how charitable giving can become a long-term tool for legacy building and personal values alignment, while emphasizing the importance of working with knowledgeable advisors who understand the opportunities available. Physicians interested in philanthropy, tax-efficient giving, and creating a lasting charitable legacy will find practical insights throughout this conversation. About John Bromley: John Bromley grew up with charity at the core of his family’s values. He started his career in corporate finance working with PwC and RBC Capital Markets, and then went to work with world-renowned experts in charity law. After developing an in-depth understanding of the complex world underpinning the charity sector, John recognized a need to make giving more accessible and more effective. He saw that while wanting to help others comes naturally, knowing how to make a difference through charitable giving does not. With that in mind, John went on to launch Charitable Impact. Its mission? Nurture the generosity within each person, and bring the resources for creating change in the world to everyone. To date, Charitable Impact has facilitated more than $1.8 billion in donations and is helping more and more people build the brighter future they imagine. Website: CharitableImpact.com LinkedIn: JBromley __ Physician Empowerment: Attend an upcoming Empowerment Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

May 30, 202635 min

84 - Diversifying with Private Equity

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 speaks with CFA charterholder and portfolio manager Josh Carter about private equity, alternative investments, and building an “all-weather” portfolio for Canadian physicians. Josh explains why many institutional investors, pension funds, and family offices allocate significant portions of their portfolios to private markets and other non-correlated assets instead of relying solely on public stocks and bonds. The discussion covers diversification, portfolio volatility, and why private investments can help reduce exposure to market swings driven by geopolitical events and investor sentiment. Dr. Lim and Josh explore the risks and realities of private equity investing, including liquidity constraints, due diligence, and concentration risk. They also detail the importance of working with experienced fiduciary advisors. Josh explains the differences between public and private markets, why top private equity funds can outperform traditional markets over time, and how investors should evaluate opportunities carefully. This episode offers physicians practical insight into portfolio construction, alternative assets, private equity funds, and long-term wealth management strategies. About Josh Carter: Josh Carter is a CFA charterholder, portfolio manager, and investment professional specializing in private markets and portfolio construction. He works closely with investment committees and clients to evaluate private equity, infrastructure, real estate, and alternative investment opportunities while helping investors build diversified long-term portfolios. Josh is passionate about financial education, wealth management, and helping investors understand how institutional strategies can be applied to personal portfolios. __ Physician Empowerment: Attend an upcoming Empowerment Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca ___ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

March 30, 202635 min

83 - Smart Mortgages with Robyn Fenske

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 of the Physician Empowerment podcast, Dr. Wing Lim speaks with mortgage broker Robyn Fenske about mortgage fundamentals and lending strategies relevant to Canadian physicians and incorporated professionals. They review key concepts, including fixed versus variable mortgage rates, the impact of Bank of Canada rate decisions and bond yields, and how term selection relates to risk tolerance and financial planning. Robyn explains how brokers access multiple lenders to compare rates and terms, and why loyalty to a single bank may limit financial optimization. Wing and Robyn also explore real estate investing considerations such as rental property financing, down payment requirements, and lender limits on the number of properties. Listeners will gain clarity on first-time homebuyer programs, tax-advantaged savings tools, and physician-focused lending programs that use projected income. The episode emphasizes the importance of long-term planning and aligning mortgage strategy with overall financial goals. About Robyn Fenske: Robyn Fenske is a Canadian mortgage broker with a background in kinesiology and client-focused coaching. She transitioned into the mortgage industry during the COVID period, combining her interest in real estate investing with her experience working one-on-one with clients. Robyn specializes in helping professionals navigate mortgage financing, lending structures, and real estate strategies, with a focus on education and long-term financial outcomes. Website: FenskeMortgages.com Robyn Fenske on LinkedIn __ Physician Empowerment: Attend an upcoming Empowerment Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

February 28, 202640 min

82 - 2026 New Year Tax Law Updates

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 tax lawyer and Masterclass Faculty Member Jason Pisesky to review the 2026 federal tax updates and what they mean for Canadian physicians and incorporated professionals. While there were no sweeping tax reforms, Jason details moderate middle tax bracket cuts, the return of electric vehicle tax credits, and targeted changes aimed at curbing aggressive tax planning strategies. For physicians focused on year-end planning and tax optimization, this episode provides a practical overview of what has changed and what remains steady in the Canadian tax landscape. Wing and Jason offer a comprehensive review of Canada’s registered accounts, including the RRSP, TFSA, First Home Savings Account, Registered Education Savings Plan, and Registered Disability Savings Plan. Jason outlines contribution limits, and he and Wing discuss tax treatment on withdrawal, matching grants, and planning opportunities such as the Home Buyers’ Plan and income splitting through spousal RRSPs. For medical professionals dealing with fluctuating income and long-term wealth planning, this episode reinforces the importance of understanding tax-advantaged accounts and coordinating with accountants and financial advisors. Having a stable financial team means making proactive decisions early in the calendar year rather than at tax filing season. About Jason Pisesky: Jason is a tax lawyer with international accounting firm KPMG and a Physician Empowerment Masterclass Faculty Member. His 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 Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

January 30, 202647 min

81 - Motivation with Michelle Jackman

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 of Physician Empowerment , Dr. Kevin Mailo speaks with Dr. Michelle Jackman, a Calgary-based pediatric obesity specialist, physician coach, and elite gravel cyclist, about sustaining momentum in medicine, leadership, wellness, and personal goals when the training is long and the rewards are delayed. They unpack the difference between inspiration and motivation, exploring the importance of clarifying your internal “why”. Internal motivation, comprised of values, meaning, and identity, tends to outlast external motivation, which focuses on validation, status, and expectations. Michelle Jackman explains that this is especially true during setbacks. Dr. Mailo and Dr. Jackman examine how physicians are often driven by fear-based motivation and perfectionism, and how that can undermine performance and joy over time. Dr. Jackman shares practical strategies for shifting from harsh self-criticism to constructive self-coaching, a process that includes naming the “inner critic” and building self-awareness through curiosity, as well as practicing self-compassion. She highlights the often-missed performance tool of rest and recovery; practices like micro-meditations, journaling prompts, breathwork, yoga, and somatic awareness. They discuss resilience through setback planning and the value of building an “elite team” around oneself through support systems, such as mentors and coaching, that help sustain a meaningful long game. About Michelle Jackman, MSc, MD, FRCPC, Pediatrics, Certified Executive Coach: Over the past 25 years, Michelle Jackman has taken a few “scenic trips” on her path to a gratifying career in clinical Pediatrics—most notably a transition from General Surgery residency and a more recent move into Executive Coaching. In 2020, Michelle worked with a physician executive coach. The experience was transformative and inspired her to pursue formal coaching training. She went on to complete her Executive Coach certification through Erickson International. Michelle integrates coaching techniques into her clinical work as a practicing Pediatrician, collaborating within multidisciplinary teams and serving as a medical leader and educator. She finds this blend of coaching and clinical practice deeply gratifying and credits it as a catalyst for strengthening the effectiveness of care delivery for patients and their families. Her Executive Coaching training has also supported greater satisfaction and alignment in her personal life—as a parent, competitive athlete, partner, and friend. In addition, Michelle is a Pediatric Obesity specialist and researcher with an MSc in exercise physiology, and she is qualified to support clients navigating decisions related to physical and mental performance goals. Michelle Jackman’s website: coframe.ca __ Physician Empowerment: Attend an upcoming Empowerment Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

November 30, 202529 min

80 - Medical Entrepreneurship Series: Funding Public Health Initiatives

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 Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

November 15, 202543 min

79 - Beyond Radiology with Yatin Chadha

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” podcast CT Head Basics for Clinicians course __ Physician Empowerment: Attend an upcoming Empowerment Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

October 30, 202530 min

78 - Critical Mineral Tax Credit with Nicolas Johnson

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 Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

October 15, 202538 min

77 - Creativity in Medicine with Dr. FIREfly

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 Retreat Join the Physician Empowerment Masterclass now Website: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Physician Empowerment

About the show

Listen to episodes

86 - The Hidden Power of Insurance in Tax Planning with Angela Lang

85 - Tax Smart Strategic Giving with John Bromley

84 - Diversifying with Private Equity

83 - Smart Mortgages with Robyn Fenske

82 - 2026 New Year Tax Law Updates

81 - Motivation with Michelle Jackman

80 - Medical Entrepreneurship Series: Funding Public Health Initiatives

79 - Beyond Radiology with Yatin Chadha

78 - Critical Mineral Tax Credit with Nicolas Johnson

77 - Creativity in Medicine with Dr. FIREfly

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