30-05-2018 20:41 via edmontonjournal.com

Canadian companies seeing dividends from employee share ownership

The greying ranks of aging entrepreneurs planning for their leisure years is helping spark increased focus on selling businesses to the people who work for them.
“A small but growing percentage of companies are interested in going towards employee ownership,” Patrick O’Brien of the 148-member ESOP Association of Canada said Tuesday.
“(It’s) not least because we have tons and tons of companies run by baby boomers, and they want to retire.”
O’Brien, chair
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