The loss that did not belong where the family expected Asha had spent twenty-five years building a manufacturing business with her husband, Daniel. They had weathered equipment failures, difficult customers and the uncertainty of hiring their first employees. Now their…
Canada’s recovery is real—but so is the next trade shock. September’s Family Enterprise Economic Update examines what the latest Canadian and U.S. data mean for business-owning families, with a focus on tariffs, cash flow, investment and family wealth. This edition…
Most family businesses don’t fail because they aren’t profitable. They falter when a founder passes away, when ownership needs to change, or when a major tax bill arrives at the worst possible time. We have seen it many times. A…
Most family businesses don’t break apart because the business fails. They break apart because people’s lives change. Siblings grow in different directions. Spouses separate. What once felt like a shared vision becomes an uncomfortable stalemate—yet the business itself remains valuable,…
Most family-owned businesses in Canada are built quietly. A founder starts with skill and determination, reinvests year after year, and one day realizes that the business is worth far more than anything originally imagined. The problem is that the tax…