Scotia Professional® Plan (SPP) is designed to meet the needs and goals at each stage of an family physician’s career by providing a comprehensive and flexible package of the best financial solutions, service and advice.

How does your current banking arrangement measure up?

Features

SPP is an all-inclusive banking package that can save you hundreds of dollars a year¹ on your personal and business banking, for a low monthly fee. SPP offers three banking options, designed specifically for the busy professional:

• ‘Business for Self’ Professionals
• Associate & Salaried Professionals
• Medical Students and Residents

Key features include:

• Loan rates as low as Scotiabank Prime
• Interest Paid on surplus funds
• 20% discount on Account Plan for business™
• Dedicated Small Business Banker
• Up to 100% financing of equipment
• Flexible repayment terms including deferment of principal payments for start-ups, recent graduates and parental leaves
• ScotiaGold Passport® VISA* card with annual fee waived
• Preferred Merchant discount rates
• 7/24 access to your money and online Resource Centre
• Preferred access to a dedicated team of expert advisors with expertise in:
  • Financial planning
  • Investment management
  • Will and estate planning
  • Practice protection and succession

Member Benefits for Physicians

As a member of The College of Family Physicians of Canada (CFPC), you are eligible for the following benefits and discounts, over and above our regular Scotia Professional Plan:

• A no-fee Scotia Powerchequing® account with unlimited transactions.²
• Reduced fees for fee-based investment accounts for the following programs: Partnership Plus, i:Partner, The Summit Program, The Pinnacle Program, The Pinnacle Portfolios, The Sovereign Investment Program and LifePoints Portfolios.
• Reduction in the minimum account size for all investment accounts (except the ScotiaMcLeod Summit program).
• 10% reduction in trading commissions for ScotiaMcLeod Direct Investing accounts.
• Private banking fees reduced from $100 to $75 a month.

Next Steps

If your current banking arrangement is not meeting your needs, consider the needs-based approach of Scotia Professional Plan. If you have any questions, or to apply for the Scotia Professional Plan, please contact the Small Business Banker at your local branch.