Canadians expect governments to make smart investments, reduce administrative and regulatory burdens, and get units built in a manner that won’t trump quality and quantity.
The benefits of legislating EOTs into our Income Tax Act are plentiful. When businesses are sold to their employees, it helps support local economies and protect jobs, and it contributes to employee wealth. In this age of increasing affordability challenges, building wealth for Canadian workers is a great way of mitigating inequality.