• Canadian employee ownership,  Communication,  employee-owned company,  ESOP Benefits,  ESOPs in Canada,  Founding Owners,  participative culture,  Succession planning,  Taxes

    5 questions business owners ask about ESOPs in Canada

      What are the tax benefits to owners and employees?  When setting up an ESOP in Canada it is important to know there are no federal laws that govern ESOPs specifically. ESOPs are set up following securities legislation and The Income Tax Act of Canada. However, a major consideration to designing a plan is the tax treatment to employee shareholders. Plans can be designed so that employees of a Canadian Controlled Private Corporation (CCPC) who become shareholders would not be subject to tax when getting the shares and can access capital gains tax treatment when the shares are sold (50% of the gain is taken into income and taxed at…

  • Communication,  Succession planning

    Employee Engagement is Affected by Neuroscience

    What is the foundation for effective employee engagement within your ESOP? Trust.  Actually, trust is the foundation for every relationship, in any area of your life.  And the only way to create a workplace environment for greater connection, collaboration, innovation, creativity, and success, is by building incrementally higher levels of trust every day. A basic understanding of neuroscience can allow us to have a simple, understandable dialogue about some of the elements that instill trust, employee engagement, and can lead to an even more successful Employee Share Ownership Plan (ESOP).

  • Canadian employee ownership

    Should You Make The Scary Switch To Employee Share Ownership (ESOP)?

    Should you make the scary switch to an ESOP?  Or is it a scary switch? There is often a perception that inviting employees into the ownership circle can  take away value, rather than adding value to a company.  When designed well, this is not true at all. In fact, there are many huge advantages for the owner, the company and the employee team. Tema Frank of Frank Reactions interviewed Employee Ownership Specialist, Dan Ohler, from Edmonton, AB to explore these questions. We invite you to grab a cup of coffee, put on your headset, and enjoy the interview.