• 59 - Long-Term Investments and Tariffs with Diana Choi
    Jan 15 2025

    PhE is headed to Cancun this February 23 to March 2 for our Health and Wealth Summit! We'd love to have you join: https://www.physempowerment.ca/cancun

    In this episode, Dr. Wing Lim introduces a discussion with Diana Choi, team lead to a group of portfolio managers, about professional investment strategies. Diana Choi explains her investment philosophy; looking at the unpredictability of the future and the importance of focusing on quality businesses. She tells Wing that successful companies are ones that can perform well in various market conditions, thriving in good times and surviving in downturns. Through this approach, refined over 25 years, risk-adjusted returns can be delivered by identifying strong businesses that are resilient to market fluctuations.

    Dr. Lim and Diana Choi also explore the idea that investment decisions should not hinge on short-term events or political cycles, such as presidential elections. Quality companies transcend political changes and Diana points to the example of CCL Industries, a label-making firm with strong cash flow and growth potential. This strategy makes robust fundamentals a priority and not trends, fads, or short-term gains. The conversation highlights the disciplined effort that is needed to assess and maintain investments, with a focus on the value of patience, diligence, and durable business models.

    Physician Empowerment:

    • Attend an upcoming Empowerment Retreat
    • Join the Physician Empowerment Masterclass now
    • Website: PhysEmpowerment.ca
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    38 mins
  • 58 - Revisiting Capital Gain Investments with Jason Pisesky
    Dec 30 2024

    PhE is headed to Cancun this February 23 to March 2 for our Health and Wealth Summit! We'd love to have you join: https://www.physempowerment.ca/cancun

    Dr. Kevin Mailo and Dr. Wing Lim welcome Masterclass faculty member Jason Pisesky back to the show to talk about the recent capital gains changes in Canadian tax policy. Jason is a tax expert with KPMG and he breaks down for Wing why the changes sparked widespread concern among professionals, small business owners, and investors. He and Wing examine the actual impacts, where they were felt most, and what the practical implications of the changes are.

    The conversation focuses on the government’s decision to increase the capital gains inclusion rate from 50% to two-thirds for amounts exceeding $250,000 annually, meant only to affect the top 0.13% of Canadians. Jason explains that the policy affects those with significant investments, corporations, and trusts, while individuals have some exemptions. The nine-week notice period left people rushing for solutions, leading to a variety of overreactions, like liquidating assets too early, and responses such as corporate stripping. Jason advises caution against unnecessary asset liquidations that could trigger large, immediate tax bills. Despite the initial panic, Jason reassures listeners that the tax increases are manageable for most with proper planning, emphasizing the importance of consulting experts to avoid unnecessary financial losses.

    About Jason Pisesky:

    Jason is a tax lawyer with an international accounting firm, KPMG. 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.

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    Jason Pisesky:

    • Jason Pisesky at KPMG
    • Jason Pisesky on LinkedIn

    Physician Empowerment:

    • Attend an upcoming Empowerment Retreat
    • Join the Physician Empowerment Masterclass now
    • Website: PhysEmpowerment.ca
    Show more Show less
    35 mins
  • 57 - Medical Entrepreneurship Series with Dr. Adenike (Nike) Olowu and her husband, Daniel Ashaolu
    Dec 15 2024

    PhE is headed to Cancun this February 23 to March 2 for our Health and Wealth Summit! We'd love to have you join: https://www.physempowerment.ca/cancun

    Dr. Kevin Mailo introduces another episode in the Medical Entrepreneurship Series. Dr. Wing Lim interviews guests Dr. Adenike (Nike) Olowu and her husband, Daniel Ashaolu, masterclass members and entrepreneurs. Dr. Olowu is a full-time family physician and her husband Daniel manages their growing real estate portfolio. They tell Wing about their journey of coming to Canada, setting up practice, and how they are not just thriving but soaring.

    Dr. Adenike Olowu went to medical school in Nigeria, where she did her residency at University College Hospital before coming to Canada in 2017. She practiced for six years prior to immigrating and she describes the process of getting certified to practice in Canada. By January of 2020 she was practicing here. Daniels explains why they chose Canada and then Alberta, how the move worked for their children, and how they decided to start their real estate investing journey. Wing explores the fascinating process of how the pair dove into entrepreneurship and investing and what steps they took to ensure success.

    About Dr. Adenike (Nike) Olowu:

    Dr. Ashaolu Adenike Oluwatoyin Mulikat, also known as Dr. Ashaolu [Ash-a-loo], is a family medicine physician working out of the Elk Point Healthcare Centre and the Ayobami Oyebode Medical Clinic. She became the third family physician to practice in town. Dr. Ashaolu comes to Elk Point from Winnipeg. She arrived in Canada in September 2017 after completing her medical training and residency in Nigeria.

    With plans to specialize in geriatric medicine, Dr. Ashaolu enjoys cooking and hiking as well as spending time with her husband Daniel Ashaolu and their three children: Joshua, Jemimah and Joy.

    Physician Empowerment:

    • Join the Physician Empowerment Masterclass now
    • Website: PhysEmpowerment.ca
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    46 mins
  • 56 - You As The Most Important Investment: Mindfulness
    Nov 30 2024

    PhE is headed to Cancun this February 23 to March 2 for our Health and Wealth Summit! We'd love to have you join: https://www.physempowerment.ca/cancun

    Dr. Kevin Mailo welcomes lifetime Masterclass member Dr. Iuliaa Povieriena as his guest in this episode to talk about mindfulness. This episode is part of a new podcast segment called “You As the Most Important Investment”. Iuliaa introduces mindfulness with the definition of “observing what’s present in the moment without judgment or expectation”. She and Kevin discuss the importance of mindfulness to overall health and emotional wellness.

    Dr. Povieriena describes the “most important investment” that mindfulness is and how to approach mindfulness as being a more objective perspective. Instead of saying “I’m angry”, we could say “I’m experiencing anger”. Being mindful of the present moment not only aligns with personal wellness but also improves patient relations. Kevin and Iuliaa explore the practices of mindfulness such as meditation, body scans, and breathing exercises, how a even short mindfulness practice can be extremely helpful, and why investing in mindfulness supports our personal health and improves daily life.

    About Dr. Iuliia Povieriena:

    Dr. Povieriena is a Hospitalist at Georgetown Hospital and has been a physician since 2020. She is a primary care physician with a strong interest in inpatient care, and palliative and geriatric medicine. Iuliia finds her work very meaningful and enjoys spending time with patients. She also has experience in GP psychotherapy, which she says was one of the best jobs she ever had.

    Dr. Povieriena is a firm believer that everyone deserves an equal opportunity to pursue their passion in medicine and would like to express gratitude to all women who have paved the path for the female physicians of today.

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    Resources discussed in this episode:

    • Mindfulness Meditation 3 Minute Breathing Space
    • Insight Timer app
    • Tara Brach
    • “The Mind Illuminated: A Complete Meditation Guide Integrating Buddhist Wisdom and Brain Science for Greater Mindfulness” by John Yates PhD, Matthew Immergut PhD, and Jeremy Graves
    • “Attending: Medicine, Mindfulness, and Humanity” by Ronald Epstein, MD

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    Dr. Iuliia Povieriena:

    • Iuliia Povieriena, MD on LinkedIn
    • Calming Chamomile on YouTube

    Physician Empowerment:

    • Attend an upcoming Empowerment Retreat
    • Join the Physician Empowerment Masterclass now
    • Website: PhysEmpowerment.ca
    Show more Show less
    32 mins
  • 55 - Behind the Curtains: Common Threads amongst the Ultra-wealthy
    Nov 15 2024

    PhE is headed to Cancun this February 23 to March 2 for our Health and Wealth Summit! We'd love to have you join: https://www.physempowerment.ca/cancun

    Dr. Wing Lim introduces Physician Empowerment Masterclass faculty members Jason and Simon in a feature called “Behind the Curtain”. Jason Pisesky is a tax lawyer and Simon Wong is a wealth planner and they’ll both be discussing what the ultra wealthy do, a topic which is also a focus in the upcoming Mexico Health and Wealth Summit.

    Simon and Jason talk with Wing about how the wealthy deal with their finances and what the current mindsets are. Some things they address are the shift from wealth accumulation to wealth preservation, mitigating risk, investment strategy and remaining level-headed, and how to select the right financial advisors for a team designed to manage assets for us. They detail who should be on the wealth building and planning team and why, and they discuss how to align wealth intentions to planning an end goal. This episode is full of sound advice and serves as an example of the in-depth topics covered in the Mexico summit.

    About Jason Pisesky:

    Jason is a tax lawyer with an international accounting firm, KPMG. 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.

    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:

    • Join the Physician Empowerment Masterclass now
    • Website: PhysEmpowerment.ca
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    43 mins
  • 54 - Medical Entrepreneurship Series with Drs. Renee Jacques and Sam Peters
    Oct 30 2024

    PhE is headed to Cancun this February 23 to March 2 for our Health and Wealth Summit! We'd love to have you join: https://www.physempowerment.ca/cancun

    Dr. Kevin Mailo introduces guests Dr. Sam Peters and Dr. Renee Jacques, a husband and wife team of doctors in Ontario who run a family clinic and an entrepreneurial medical site together. Dr. Wing Lim interviews Drs Peters and Jacques, both of whom are Physician Empowerment Lifetime Masterclass members, about how they met, what it’s like to work together, and the drive they share for entrepreneurial endeavours.

    Dr. Sam Peters and Dr. Renee Jacques attended and graduated from the Northern Ontario School of Medicine in Sudbury together and had their first son at the end of their family medicine residency. They both enjoy the independence that family medicine offers in terms of freedom in practice and not being tied to a particular hospital. Sam and Renee talk with Wing about the hectic demands of balancing family and several entrepreneurial efforts. They elaborate on what they like about entrepreneurship, the new medical technologies they’ve been able to provide in their clinics, why being able to work with family inspires them, and the day-to-day office management platform they developed to help physician workloads.

    About Dr. Renee Jacques and Dr. Sam Peters:

    Sparrow Health was developed by a husband-and-wife team committed to serving the Northern Ontario region. As healthcare professionals themselves, Dr. Sam Peters and Dr. Renee Jacques know first-hand the post-pandemic burden the healthcare system faces, experienced by providers and patients alike.

    Sparrow Health was developed by a husband-and-wife team of family doctors who envisioned a way to help patients and physicians access quicker, easier care. We designed Sparrow Health specifically for helping physicians improve workflow, while ensuring that patients have simplified access to their doctor.

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    Dr. Renee Jacques / Dr. Sam Peters:

    • Website: BorealMedicine.com
    • Website: SparrowHealth.ca

    Physician Empowerment:

    • Join the Physician Empowerment Masterclass now
    • Website: PhysEmpowerment.ca
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    35 mins
  • 53 - The Burnout Crisis in Canada’s ERs
    Oct 15 2024

    Dr. Kevin Mailo welcomes Dr. Kerstin de Wit, a Professor of Emergency Medicine at Queen’s University and a very active clinician and researcher practicing both emergency medicine and thrombosis medicine. Dr. Kerstin de Wit was interviewed for an article in the National Post that featured survey data from her latest research into high levels of burnout amongst emergency physicians. Her research was published in June’s edition of the Annals of Emergency Medicine and it reveals the levels of emotional exhaustion and depersonalization aspects of burnout spiking in emergency medicine personnel.

    Dr. de Wit’s study compared physician burnout levels during 2020, the first year of the pandemic, to levels reported in October 2022. The initial survey revealed that roughly 50% of physicians participating in the survey exhibited high levels of burnout already. In 2022 the levels had increased significantly. Emotional exhaustion, one of the two measured elements of burnout, had increased by an absolute 16% of the cohort, and depersonalization had increased by an absolute 12% of the cohort. Dr. Mailo and Dr. de Wit discuss how alarmingly high the revealed levels of burnout are, the realities and consequences of depersonalization, the quotes from the study that revealed how people feel about the broken state of healthcare in Canada today, and what can be done to lessen the burnout and mend the damaged healthcare and ER departments across Canada. This is a key episode about emergency medicine and the burnout crisis that will take serious intervention to turn around.

    About Dr. Kerstin de Wit, MD:

    Kerstin de Wit holds a Tier 1 Canada Research Chair in Emergency Venous Thromboembolism and is a Professor in the Department of Emergency Medicine at Queen’s University. She works clinically as an emergency physician and thrombosis physician at Kingston Health Sciences.

    Dr de Wit was trained in internal medicine, emergency medicine, and research in the UK. She completed a Thrombosis Fellowship in Ottawa in 2013. Since then, she has worked in both emergency medicine and thrombosis. She leads a research program which focuses on the diagnosis of bleeding and clotting disorders in the emergency department and is funded by CIHR.

    Dr de Wit is the Queen’s University Clinician Investigator Program Director and the Research Director for the Department of Emergency Medicine.

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    Resources discussed in this episode:

    • “A Longitudinal Survey on Canadian Emergency Physician Burnout” Annals of Emergency Medicine, Volume 83, Issue 6, P576-584, June 2024, by Kerstin de Wit, MBChB, MD; Anna Tran, BSc; Natasha Clayton, CRA, RA; Caroline Gérin-Lajoie, MD; and Mathew Mercuri, PhD, PhD
    • “‘I don’t think I’ll last’: How Canada’s emergency room crisis could be killing thousands” by Sharon Kirkey, National Post, July 19, 2024

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    Dr. Kerstin de Wit:

    • Queen’s University Emergency Medicine Faculty: Dr. Kerstin de Wit, MD
    • Kerstin de Wit on X/Twitter

    Physician Empowerment:

    • Attend an upcoming Empowerment Retreat
    • Join the Physician Empowerment Masterclass now
    • Website: PhysEmpowerment.ca
    Show more Show less
    26 mins
  • 52 - Real Change in Our Healthcare System with Jayna Amadasun, MD, LLM
    Sep 30 2024

    In this episode, Dr. Kevin Milo and Jayna Amadasun, an M.D. and ethical strategist, confront one of the most pressing issues in healthcare today: the burnout epidemic among our frontline professionals and why systemic change is no longer optional. They discuss the ethical and systemic issues that have led to a strained healthcare system, where overworked doctors and nurses struggle to provide optimal patient care.

    The episode highlights the importance of addressing the healthcare workers’ environment to improve outcomes for both professionals and patients. Key topics include the lack of resources, the need for policy reform, and how burnout impacts the quality of care. This conversation is a must-listen for anyone concerned about the future of healthcare in Canada and beyond.

    Jayna also discusses how healthcare systems can become more sustainable by focusing on the well-being of frontline staff. By addressing burnout, healthcare providers can improve patient outcomes, foster a healthier work environment, and prevent the silent withdrawal of professionals who feel disengaged. Dr. Milo and Jayna provide practical insights into how healthcare leaders can begin making changes to support their teams.

    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 Retreat
    • Join the Physician Empowerment Masterclass now
    • Website: PhysEmpowerment.ca

    Jayna Amadasun

    • Website: Ember Impact Global
    • LinkedIn: Jayna Amadasun
    • Instagram: EmberImpact
    • Calendly: Jayna Amadasun
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    44 mins