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Developing a made-in-Canada approach to employee ownership trusts will address multiple public policy challenges, according to a new report by non-profit Social Capital Partners. Employee-owned companies — where a broad base of employees own a significant stake in their employer — are associated with better company performance, stronger local economies, long-term investment and higher wealth […]
Juno College is planning to move to a 100 per cent employee-ownership model. The Toronto-based college, formerly known as Hacker U, was established by Heather Payne (pictured) nearly 10 years ago to transition workers into careers in the technology sector. Over the next decade, the school will focus on repaying the college’s investors and becoming a […]
Share: Federal budget includes commitment to explore employee ownership trust framework TORONTO, April 19, 2021 /CNW/ - Social Capital Partners welcomes the federal government's decision to explore options to unlock the potential of employee ownership trusts (EOTs) as part of Canada's economic recovery. This is a first step toward making broad-based employee ownership a more significant part of our economy. Social Capital Partners produced Building an Employee Ownership Economy in October 2020, a report calling for the establishment of EOTs in Canada, as a way to grow Canada's comparative...