Canadian employers should consider the pros and cons of employee share ownership plans on both sides of the border. Loren Rodgers, executive director of the National Center for Employee Ownership (pictured left) Canada should maintain the current paths by which companies are creating employee ownership, but it should also create a new vehicle that draws […]
As Canadian employees face rising inflation and interest rates, C.F. Crozier & Associates Inc. is helping ease employees’ financial worries by offering benefits that appeal to staff at every stage of their lives. The time employees spend at work is just one stop along their personal and professional growth journey, says Nick Mocan, president of Crozier. […]
A Federal Court of Appeal ruling will make it very difficult for executives and employees to treat share transfers from their companies as capital gains rather than income. The decision involved Kitchener, Ont.-based D2L Corp., whose intention was to distribute appreciated shares of the company, held in a trust, to various employees. In turn, the […]
Canada’s new employee stock option tax rules are raising a number of questions for employers, says David Crawford, a partner at Hugessen Consulting Inc. The new rules — part of the 2021 federal budget signed into law on June 29 — include an annual limit of $200,000 that will apply on stock option grants that […]
The federal government’s recent budget confirmed its intention to proceed with the new stock option regime previously announced in its November 30, 2020, economic statement — meaning the proposed changes will likely come into force on July 1, as planned. As currently drafted, the changes impose an annual cap of $200,000 on employee stock options […]
Employees that include company stock in their overall financial planning are more loyal and have a higher output level, according to new research conducted in the U.S by Fidelity Investments Inc. It found these employees were twice as likely to work harder, three times as likely to feel loyalty to their employer and three times […]