SCP Small Business Impact

New bill on employee ownership trusts welcomed by Canadian businesses

The changing Canadian business climate can arguably be felt most in its small communities, where the fate of a few key employers can determine the health of an entire region. Some businesses are looking at employee ownership trusts if there are no local buyers.

Small businesses worry Canada’s Competition Act review will ignore them: CFIB

Small and medium businesses have long waited for a review of Canada’s Competition Act but worry larger corporations have too much regulatory influence. Smaller businesses say this means their concerns continue to be ignored, hampering their efforts to grow.

How to transfer the family business to your kids without igniting a family feud

Closing a family business has broader impacts and implications on the community surrounding it - especially in terms of neighbourhood wealth and job losses.

At the corner of Main Street and purpose: Rethinking small businesses by rethinking who owns them

By converting to a non-profit, establishing an Employee Ownership Trust, or becoming a co-operative, local businesses not only receive help but also ensure job security and retain wealth within the community.