BE Responsive Newsletter

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Feds' new tax exemption could drive more employers to leverage employee ownership trusts: expert
Under the new exemption, owners that sell their company under an EOT for $10 million or more would save about $2.6 million in capital gains tax, at the highest tax rate, says Social Capital Partners' Jon Shell.

Union protests N.B.'s plan to transform public sector DB pension plans
New Brunswick's government introduced legislation Wednesday to transfer five of its public sector DB pension plans to shared-risk plans, saying the move will ensure the sustainability of plans that have become unaffordable.

Caisse invests in audiovisual technology company, Ontario Teachers’ acquires Australian agriculture operator
The Caisse is acquiring a minority stake in the Montreal-based Solotech, while the Ontario Teachers' is strengthening its agriculture strategy in Australia.

HOOPP, Social Capital Partners financing Taylor Guitars' move to 100% employee-ownership
The organization's employees borrowed money from the HOOP, Social Capital Partners and the owners to buy the company, but, unlike with a conventional mortgage, employees aren’t at risk because they don’t have personal debt involved with the agreement, says Barbara Wight, the company's CFO.

Question of the Week

What key questions should you consider about your Travel Insurance Employee Benefits?

Answer from Kellee Irwin, Vice-President, Orion Travel Insurance, A CAA Company

Top 5 HR, benefits, pension and investment stories of the week
An article on how Desjardins Insurance is supporting employee financial wellness was the most-read story on BenefitsCanada.com over the last week.

New incentives could boost satisfaction with in-person work, but few employers are making changes
More than half (55%) of hybrid workers said increased pay would encourage them to work in person more often, while incentives such as commuter benefits, in-office childcare, free food and social gatherings could also increase worker satisfaction with returning to the office, according to a new survey by the University of Chicago.

People Watch

Visit People Watch Page for more.

Conferences

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