Survey of business advisors suggest that without significant change, the employee ownership policy proposed in Budget 2023 is likely to fail. — In Canada’s most recent Federal Budget, the government proposed legislation to create Employee Ownership Trusts (EOTs) in Canada, effective January 1, 2024. The Canadian Employee Ownership Coalition (CEOC) has been advocating for the creation of EOTs in order to encourage more employee ownership in this country. In the US and…

One of The Ownership Fund’s first investments was in a Canadian start-up called Indiegraf. We love this one because it’s a perfect example of one of our core objectives: making it easier for more people to start and own thriving businesses. Indiegraf is focused on making entrepreneurship easier for…

We’re proud to announce The Ownership Fund’s investment in Common Trust. Giving more people access to ownership by making employee ownership easier is a key theme for both Social Capital Partners and the Fund. Common Trust aims to popularize an underutilized form of employee ownership in the US — the…

We’re proud to announce The Ownership Fund’s investment in the Blackstar Stability Distressed Debt Fund (“Blackstar”). Making home ownership more accessible is a key part of The Ownership Fund’s investment thesis, and we believe Blackstar’s approach and excellent management team will prove out an important and scalable new model. Blackstar…

To combat rising wealth inequality and ownership concentration we need new and innovative tools to create and support new and different owners. The Ownership Fund, a demonstration project by SCP, will seek to support platforms, funds and companies (existing and start-up) that increase the accessibility of ownership, are scalable and…

His story mattered, but will never be properly told — My next-door neighbour died yesterday. His name was Victor. I didn’t know his last name. I want to tell you a little bit about him, the neighbourhood that ignored him, and how the smallest acts of kindness can really matter. Victor was probably in his mid-70s. He lived alone since…

Despite recent PR to the contrary, both consulting companies continue to choose profits over values by continuing their work in Russia. — I was a consultant with McKinsey from 2003 to 2006, and that continues to become ever more embarrassing. McKinsey’s CEO Bob Sternfels wrote an e-mail to ex-McKinsey employees on Thursday March 3rd which can only be described as a smokescreen. An effective one at that, as it led to many…

CFIB survey shows significant support for employee ownership trust policies similar to US, UK — At Social Capital Partners, we were thrilled, but not surprised, to see the results from the most recent survey by the Canadian Federation of Independent Business. It showed what has been proven in the US and the UK; that business owners care about a lot more than price when looking…

Our efforts to help small businesses survive the pandemic didn’t work. As we wind down the Save Small Business campaign, here’s what we learned and why the future can be different. — By Erin Millar, Jon Shell, Michael Smith and Ben Coli of SaveSmallBusiness.ca “I have so much fear. How will I feed my family?” “I’ve stopped working to save lives, but am about to lose everything I’ve built.” “This is scary as hell. I have employees to pay. Kids to feed.”