text: I'm a professional (physician). In the process of unincorporating. There is a lot of exaggeration on both sides. I have done some pretty careful calculations....I save about $3000 - $5000/year via incorporation. I also pay ~$2500 extra in accounting/legal fees. The people who really lose on these changes are very high-priced specialists who income split with young adult children and a say-at-home spouse as well as the lawyers and accountants who have been carrying out the various schemes. Most primary care physicians will be surprised at how little they are impacted....While I do think some federal bureaucrats need a reality check (and changes to) their bloated benefits/pensions, physicians still have RRSPs, RESPS, TFSAs...one can save ~$36 000 a year using these, which if invested smartly e.g. ETFs will generate a very comfortable retirement and education paid that most Canadians don't enjoy....and if one still insists on a private corporation, there are still personal pension plans.