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Employee ownership trusts could help reshape Canada’s economy, but only if done right

While the government’s commitment to set up EOTs in Canada is good news, without major reform to the budget 2023 proposal, very few owners are likely to pursue EOTs in succession planning.

Opinion
BY ED WAITZER AND MICHAEL DECICCO
June 12, 2023

Opinion | BY ED WAITZER AND MICHAEL DECICCO | June 12, 2023

Ed Waitzer is a retired partner of Stikeman Elliott LLP and emeritus professor/chair at Osgoode Hall Law School and the Schulich School of Business. Michael Decicco is a partner in the corporate group in Stikeman Elliott LLP's Toronto office and his practice focuses on M&A and Securities. See all stories BY ED WAITZER AND MICHAEL DECICCO

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Employee ownership trusts could help reshape Canada’s economy, but only if done right

While the government’s commitment to set up EOTs in Canada is good news, without major reform to the budget 2023 proposal, very few owners are likely to pursue EOTs in succession planning.

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