DiscoverThe Real Bottom LineEpisode 153 - How Employee Ownership Trusts Are Changing Business Succession in Canada
Episode 153 - How Employee Ownership Trusts Are Changing Business Succession in Canada

Episode 153 - How Employee Ownership Trusts Are Changing Business Succession in Canada

Update: 2025-10-14
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Episode: The Real Bottom Line with Wendy Brookhouse
Guest: Jennifer Williams, Founder of Firefly Insights

In this episode, I sit down with Jennifer Williams, founder and partial owner of Firefly Insights, to unpack one of the most exciting developments for Canadian entrepreneurs — Employee Ownership Trusts (EOTs).

If you’re a business owner starting to think about succession, exit planning, or legacy, this episode will open your eyes to a whole new way to transition your business — one that rewards your team, sustains your community, and can even save you millions in taxes.

We talk about:

  • Jennifer’s unique path from nonprofit work to social entrepreneurship and employee ownership
  • The tough mindset shift around profit versus mission
  • How to find the right scale in your business without burning out
  • The new Canadian EOT legislation and what it means for small and mid-sized companies
  • Who qualifies, how the trust is structured, and the real financial and cultural benefits

My favorite moment: when Jennifer breaks down how profit can amplify your mission rather than distract from it.

If you’ve ever wondered, “What’s next for my business when I step away?”, this conversation might just change the way you think about exit planning.

Connect with Jennifer: fireflyinsights.ca

Email: jennifer@fireflyinsights.ca



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Episode 153 - How Employee Ownership Trusts Are Changing Business Succession in Canada

Episode 153 - How Employee Ownership Trusts Are Changing Business Succession in Canada

Wendy Brookhouse