At a Glance / Aperçu
NS physicians can now incorporate
Canadian Medical Association Journal 1996; 155: 435
Nova Scotia physicians are legally permitted to incorporate following the recent proclamation of the Medical Professions Corporations Act. The Medical Society of Nova Scotia (MSNS) estimates that 15% to 20% of physicians may incorporate, mostly specialists or those who incur high overhead costs. "Incorporation is not expected to be a great benefit to small family practices," the MSNS announced recently, "because the majority of general practitioners require most or all of their earnings to cover the costs of running a practice and to live." Incorporation is already permitted in Alberta, British Columbia, the Yukon, New Brunswick and Prince Edward Island.
| CMAJ August 15, 1996 (vol 155, no 4) |