CDSPI and MNP Announce Strategic Agreement

TORONTO, March 28, 2023 — CDSPI, the leading provider of insurance, investments and tailored financial advice to dentists and dental students across Canada, and MNP, one of Canada’s leading professional services firms, today announced a new strategic agreement to provide exclusive access to accounting and tax solutions that support Canada’s dental community.

This agreement between CDSPI and MNP will broaden the services available under the CDSPI umbrella of programs. Canadian dental students, and dentists will now have access to preferred pricing on a wide variety of personal and business accounting and tax services offered through MNP.

Some of the benefits of this agreement include:

Dental students:

    • No cost basic tax returns for dental students across Canada who are protected by the no-cost insurance program, and their spouse.

Practising dentists*:

    • Discounts of between 10% and 20% off MNP standard rates for a variety of services including, incorporation planning, cyber consulting, review of practice appraisals, and access to MNP Innovation Workshop for minimizing the dental practice's tax burden.
    • Discounts of 25% off standard rates for MNP's Health Check review of risk in areas of internal controls over fraud.

*Discounts for MNP services through CDSPI are available to dentists who are members of a participating provincial or territorial association, or the Canadian Dental Association.

“With over 14,000 dentists as clients across Canada, the financial planning solutions and advice that CDSPI provides dentists often includes tax, accounting and other professional services offered by business advisors from MNP. We are thrilled to now formalize our long-standing relationship with a Canada-wide professional services firm who understands our clients and their financial needs so well.” said CDSPI President & CEO, Ed Dermit.

“Canada’s dentists play an important role in the healthcare community,” said Calvin Carpenter, Vice President, Professional Services, MNP. “We are committed to providing dental practitioners with the financial knowledge and expertise they need to succeed. MNP looks forward to the opportunities and collaboration this agreement will create with CDSPI.“

By working together, CDSPI and MNP will be able to offer a wide range of solutions and bring increased value to clients and dental association members. MNP and CDSPI are strongly aligned in our client-focused approach—a commitment to understanding dentists’ financial priorities and offering the deepest level of service and experience needed to achieve their financial goals. Whatever the career stage—dental students, new dentists, starting a new practice, or planning for retirement, CDSPI and MNP will provide advice to help clients understand the options available and deliver the winning strategies and services that fit their unique situations and goals.

FAQs

Just contact CDSPI at 1.800.561.9401 or send an email to investments@cdspi.com and we’ll refer you to the correct contact at MNP.

This agreement with MNP enables members of participating dental associations to access preferred pricing on tailored accounting, tax and business consulting services from MNP, a respected Canadian organization, while remaining under the CDSPI umbrella of services with a broader suite of end-to-end financial solutions, focused on dental professionals’ needs.

With this agreement, clients have preferred and discounted access to services that are customized to the dental community —including:

  1. Accounting & Tax Advice
  2. Incorporation Advice
  3. Business and Appraisal Consulting 

Dentists must be a member of a participating provincial or territorial dental association or the Canadian Dental Association to take advantage of the preferred pricing on the services of MNP.  

Dental students do not need to be dental association members.

Dental students who participate in the no-cost student insurance program and their spouse/partner are eligible to receive no cost basic tax returns through MNP. CDSPI is committed to helping students navigate the financial services landscape to set them up for success, enhance their financial literacy and reduce their financial stress.

CDSPI has negotiated preferred rates with MNP for members of the CDA and participating provincial dental associations. Running a successful practice requires knowledge and expertise in a wide range of areas, including accounting, tax, practice management, human resources, and performance improvement—MNP can help.  With a client-focused approach, MNP has advisors with a deep understanding and knowledge of the dental profession committed to the success of each practitioner.

This agreement is designed specifically for dentists and is only available to dentists, dental students, and retired dentists.

No. Nothing has changed in terms of the safety and security of your information. We do not share personal information.

We take privacy and confidentiality very seriously and comply with all applicable laws including privacy and anti-spam legislation. This is both for clients as well as CDSPI information and is reinforced with all employees in the annual review and sign-off of employee policies.

About MNP

National in scope and local in focus, MNP is one of Canada’s leading professional services firms — proudly serving individuals, businesses, and organizations since 1958. Through the development of strong relationships, we provide client-focused accounting, consulting, tax, and digital services. Our clients benefit from personalized strategies with a local perspective to fuel success at every stage. MNP provides a wide range of services, including accounting, tax, financial planning, and practice management services to dental practitioners and dental practices across Canada.

About CDSPI

Created by dentists over 60 years ago, CDSPI is a not-for-profit organization with the sole purpose of arranging programs to benefit dentists who are members of participating dental associations. Advisors at CDSPI Advisory Services Inc. are non-commissioned and provide dentists with stress-free expert advice and leading insurance and investment solutions, tailored specifically to the needs of dentists and dental students. And because CDSPI only serves dental professionals, they have a unique understanding of the dental community and their financial priorities that is leveraged to help dentists achieve and maintain a state of financial well-being.

For media inquiries, please contact:

Aviva Shiff
Vice-President, Marketing & Customer Experience
CDSPI
Direct: 416.305.1408
ashiff@cdspi.com

Heather Harms
Marketing Director, Clients & Services
MNP
Direct: 403.537.7688
heather.harms@mnp.ca