On June 18, 2026, Canada's Employee Ownership Trust legislation, a dedicated vehicle allowing Canadian business owners to sell their companies to their employees, was made permanent via Bill C-30.
The first $10 million in capital gains realized on the sale of a business to an EOT is exempt from taxation.
As a founding member of the Canadian Employee Ownership Coalition, Rewrite Capital Advisors was crucial in getting this law passed on January 1, 2024.
Combining the redistributive equity power of the US ESOP with the flexibility and ease of implementation of the UK EOT, Canada's EOT is the most innovative and exciting employee ownership structure in the world.