The CVMA Business Management Program was developed to support all members, regardless of employment type. In collaboration with the various provincial Veterinary Medical Associations, this program supports veterinary practices and practice owner/partners by:
- helping practices benchmark their financial performance and competitiveness, establish fees, and determine compensation and benefits levels for associate veterinarians and non-DVM staff through provincial veterinary Practice Owners Economic Surveys;
- publishing practice management articles in The Canadian Veterinary Journal, comparing and analyzing compensation, benefits, fees, inflation, budgets, and trends across the country and gives advice on topics such as attracting clients and managing purchases;
- providing veterinarians easy access to pertinent online resources and information on personal financial management, veterinary business management, and client management through the CVMA’s online Career and Business Toolkit.
This program also supports Associate Veterinarians by investigating all aspects of compensation and benefits through the Survey of Compensation and Benefits for Associate Veterinarians. This survey is designed to examine the compensation and benefits provided to associate (non-owner) veterinarians in private practice and examines several characteristics (type of practice, years in practice, location, types of compensation, etc.)
The data from this survey produces the Report on Compensation and Benefits for Associate Veterinarians -- an important benchmarking tool. The various provincial reports from 2020 are available: Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Newfoundland and Labrador, Ontario, Prince Edward Island, Québec and Saskatchewan.
This program supports Veterinarians in Government, Industry, and Academe by conducting national economic surveys that allow these veterinarians to compare their earnings, hours and benefits with peers resulting in the Report of Veterinarians in Government, Industry, and Academe.
The CVMA acknowledges the collaboration of the provincial veterinary medical associations and appreciates the program co-partners for their financial support.