Article

A New Chapter in Business Succession : 
The Emergence of Employee Ownership Trusts

February 21, 2025
Authors
Wesley R. NovotnyPartner
Wade RitchieAssociate
Zachary ThackerAssociate

Wesley Novotny, Wade Ritchie and Zachary Thacker write in Law360 Canada on Employee Ownership Trusts (EOTs) and the benefits they offer to employees and business owners.

One early EOT adopterGrantbookcompleted an EOT transaction on January 1, 2024. Bennett Jones LLP provided tax and corporate legal advice to Grantbook on its EOT transaction. Wes, Wade and Zach are optimistic that many more EOTs will follow.

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For informational purposes only

This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.

Authors

Wesley R. Novotny, Partner
Calgary, Edmonton  •   403.298.3447  •   novotnyw@bennettjones.com
Wade Ritchie, Associate
Calgary, Edmonton  •   403.298.3034  •   ritchiew@bennettjones.com
Zachary Thacker, Associate
Calgary  •   403.298.3105  •   thackerz@bennettjones.com