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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 comparatively low levels of employee ownership.  There is a large body of research from around the world that points to employee ownership trusts as a powerful tool to reduce wealth inequality, support business succession, protect local jobs, and promote economic resilience, says Jon Shell, managing partner of Social Capital Partners. It s great to see the government recognize that employee ownershi

United statesUnited kingdomBill youngPeter deitzGeoff smithCanadian federation of independent businessSocial capital partnersEmployee ownership economyJon shellSocial capitalCanadian federationIndependent businessBoard chairEmployee ownership capitalEmployee stock ownership planCapital partners