DiscoveryFinance.Com » College & Education http://www.discoveryfinance.com Discovering Financial Strategies to Build Million Dollar Wealth Mon, 12 Jul 2010 23:07:39 +0000 http://wordpress.org/?v=2.8.1 en hourly 1 Tax Free Shopping Days? http://www.discoveryfinance.com/tax-free-shopping-days-canada.html http://www.discoveryfinance.com/tax-free-shopping-days-canada.html#comments Fri, 07 Aug 2009 00:02:48 +0000 Ryan A. Smith http://www.discoveryfinance.com/?p=424
Our fellow neighbour enjoy tax-free shopping days. Some states are waiving local sales tax on school items like computers and clothing, as indicated on Yahoo! Shopping.

How come we don’t have any tax-free day in Canada? :(

Back To School Shopping

The following states allows tax free shopping on school supplies, computers, and clothing:
• Alabama
• Georgia
• Louisiana
• Missouri
• New Mexico
• North Carolina
• South Carolina
• Tennessee
• Texas
• Vermont
• Virginia

The following states allows tax free shopping on clothing only:
• Connecticut
• Iowa
• Mississippi
• Oklahoma

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]]> http://www.discoveryfinance.com/tax-free-shopping-days-canada.html/feed 0 Medical Doctor Salary … not as high as you think?! http://www.discoveryfinance.com/medical-doctor-salary-can-surprise-you.html http://www.discoveryfinance.com/medical-doctor-salary-can-surprise-you.html#comments Wed, 10 Jun 2009 01:05:48 +0000 Ryan A. Smith http://www.discoveryfinance.com/?p=295 Recently I’m curious about the average annual income for physicians in Canada. I mean how high can their incomes go? I did a search online but came across numerous results unsatisfactorily. Some websites use data that are decade old; some use data without any real statistics; some use data that are based on individual inputs.

I was about to give up my search, till I found the following information from BC government website. Mission accomplished. :) Although the statistics is for BC, it can be used as a guide for the rest of Canada.

Ophthalmology, GI, Cardio, and Radiology are medical specialists among the highest earning groups with annual incomes as high as more than $600,000. That’s pretty impressive. What an eye opener! After working for 2 years, they are already millionaires!!! Education definitely pays off in this field. Maybe I should consider a career change?!?! :|

However, as far as I know, ophthalmology is one of the toughest medical specialties to get into. The number of medical students trained in this field is usually in single digit per year. :(

So, would you consider a career in medicine? Recession-proof for sure!

Salaries for Medical Practitioners in British Columbia Year 2007-2008

* Yellow = median annual salary
* Reference: BC Health


Specialty <10k 10k
to
49k		 50k
to
99k		 100k
to
199k		 200k
to
299k		 300k
to
399k		 400k
to
599k		 >600k
General Physician 359 551 619 1,446 1,224 452 145 10
Dermatologist 4 4 7 10 11 13 13 2
Neurologist 3 13 13 21 24 11 13 1
Psychiatrist 25 68 123 261 120 32 8 0
Obstetrician & Gynaecologist 16 20 15 38 49 42 32 9
Ophthalmologist 6 7 8 18 13 18 36 73
General Surgeon 7 15 11 27 41 49 52 10
Neurosurgeon 1 2 1 6 2 10 9 5
Orthopaedic Surgeon 8 20 16 31 49 47 31 2
Plastic Surgeon 5 9 7 15 23 11 4 2
Cardiac Surgeon 1 1 0 2 5 5 8 2
Urologist 2 7 5 8 7 21 23 8
Paediatrician 29 36 28 50 51 20 13 1
Internal Medicine 15 40 24 34 44 37 26 6
Radiologist 5 13 2 23 24 22 52 140
Laboratory Medicine 15 11 4 9 4 2 9 72




Specialty <10k 10k
to
49k		 50k
to
99k		 100k
to
199k		 200k
to
299k		 300k
to
399k		 400k
to
599k		 >600k
Anesthesiologist 19 39 37 96 166 82 22 0
Paediatric Cardiologist 0 1 0 1 1 1 2 0
Physical Medicine 9 12 8 13 9 5 1 0
Geriatric Medicine 2 6 8 11 1 1 0 0
Cardiologist 0 3 5 7 4 12 30 40
Emergency Medicine 18 8 3 9 4 8 0 0
Medical Microbiologist 0 2 0 1 0 0 1 8
Nuclear Medicine 1 1 0 0 0 1 2 18
Rheumatologist 1 3 4 17 16 9 3 0
Clinical Immunologist 1 1 0 5 4 6 7 2
Medical Genetics 0 0 0 1 0 0 0 0
Vascular Surgeon 0 4 1 2 3 12 10 0
Thoracic Surgeon 3 0 2 2 1 1 4 1
Respirologist 1 5 5 13 15 19 10 6
Endocrinologist 1 2 8 9 18 7 1 0
Gastroenterologist 2 2 3 6 8 13 27 10
Nephrologist 2 3 8 10 8 8 20 4
Infectious Diseases 3 7 3 10 5 2 1 2
Hematology Oncologist 2 8 7 9 3 4 3 1
Total 569 928 991 2231 1973 1000 638 442




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