Category: Featured

A Success Story in Consultations at the Federal Level: Employee Ownership Trusts Are Coming to Canada

We publish an update from the Honorable Tony Loffreda (in the pic above), independent Canadian senator, about the employee ownership trust (EOT) regime.

Canada will soon have an employee ownership trust (EOT) regime. We knew this was coming as the Federal Government had first articulated its intention to engage with stakeholders to examine what barriers exist to the creation of these trusts in Budget 2021. 

Canadian military aircraft branded “Boeing”

TORONTO – “Boeing” is the company chosen by the Canadian federal government to replace the army’s old patrol planes, through a new multi-billion dollar agreement: after approval by the government (last week), the Treasury Board held a meeting Tuesday, authorizing the purchase of 16 P-8A Poseidon surveillance planes to replace the “aging” CP-140 “Aurora.” The Procurement Department also stated that this particular ‘Boeing’ model is the only aircraft currently available that meets the needs of the Royal Canadian Air Force, particularly with regards to submarine hunting technology.