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Employee Ownership Trusts - Aspen Valuations Inc.

Employee Ownership Trusts

1 post

2 min read. As a company offering business valuation services, we want to keep our clients and partners informed of potential new options for business owners. Employee Ownership Trusts (EOTs) could soon become an additional avenue for Canadian business owners looking to sell their enterprises, allowing them to sell their businesses to their employees effectively. As a Canadian EOT framework may be on the horizon, it’s essential for business owners, advisors, and stakeholders to understand EOTs’ mechanics and possible advantages. The Canadian government initially expressed interest in exploring EOTs in the 2021 Federal Budget. Recently, the Canadian Employee Ownership Coalition […]

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