Canadian Tax Issues for ESOPs

The Canadian tax deadline is May 1st and as we all know only two things in life are certain – death and taxes. And for a lot of people doing taxes is a death defying experience.

ESOPs or Employee Share Ownership Plans have special tax related issues. There are three types of ESOPs in Canada.

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ESOPs Offer a Retirement Savings Solution

If Canada is facing a retirement savings crisis, then expansion of Canada Pension Plan (CPP) is only a small part of the solution. How else can we encourage Canadians to save for retirement?

A model that’s proven to be extremely effective in helping more people build wealth while keeping businesses competitive is employee share ownership plans (ESOPs).

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