The sale of MD Financial Management to Scotiabank has been very unsettling to me and to many of my colleagues. This subsidiary of the CMA has been an integral part of the financial planning and retirement security for Canadian physicians for the past 50 years. An overwhelming number of the physicians I know supported MD Management because it felt safe. The physicians owned the company. The financial agents did not work on commission. They worked solely for us. The fees were the lowest in the investment community. It will be hard to convince us that this will not change.
Doctors of BC members attended the 2018 annual general meeting on 2 June 2018 at the Robert H. Lee Alumni Centre on the UBC campus. The day started with the SGP AGM, followed by the Doctors of BC AGM with an address by the CMA past president, Dr Granger Avery.
Every year when April arrives I like to take stock of things—organize my thoughts (and my life) for the upcoming spring and summer. This April I find this practice particularly timely as my term as president ends next month, and I’d like to share with you a few stories about the past year to give you a sense of the job and what it is like to have the privilege of representing you.