Planning for Succession to Employee Ownership
If you're the owner of a business, you understand that succession isn't just about numbers - it’s about people, purpose, and preserving what you’ve built.
Join us for a practical and eye-opening session on transition options that keep your business locally owned, operated and thriving in your community for the next generation of ownership.
One new employee buyout option now available in Canada: the Employee Ownership Trust (EOT) - a succession strategy that allows you to sell your business to your team, while protecting your legacy and potentially qualifying for a $10M capital gains tax exemption. This benefit is also open to worker co-operatives.
Hear from Pete Walker of Boughton Riverview Consulting, and Josh Golden of TXI to learn how employee buyouts are designed to enable an exit that combines a fair price with safeguarding the legacy of the business - with the opportunity to have the first $10M in capital gains tax exempted.
Whether you're planning for transition in 5 years or just starting to think about your (inevitable!) exit, this is one conversation no business owner should miss.
Meet the speakers
Pete Walker, Boughton Riverview Consulting
Originally from Prince Edward Island, Pete Walker has dedicated his career to helping business owners navigate pivotal turning points. He is working at the forefront of helping companies remain locally owned, operated and thriving in their communities during the generational transition of business ownership, with a focus on employee ownership models as a practical path forward. Peter currently sits on the Board of Employee Ownership Canada and an advisory council with Venture For Canada.
Josh Golden, TXI
Josh Golden is a serial entrepreneur, advisor, and investor with a particular focus on organizations who achieve competitive advantage by treating human beings well. Among his portfolio of ventures, Josh founded TXI, an agency that specializes in the development of intelligent digital products, which he sold to its employees via an Employee Stock Ownership Program in 2022. Josh is an active advocate for the adoption of employee ownership in both the US (where he spent much of his career) and Canada (where he now happily lives as one of the few Canadians who has ever completed such a transaction).
This event is in partnership with the Community Sector Council of Newfoundland and Labrador Social Innovation Lab, Newfoundland and Labrador Federation of Co-operatives, Horizon TNL, CBDC Cabot, and the Conception Bay Chamber of Commerce.
For inquiries, please contact Andre LeBlanc at [email protected].