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Ottawa's tax break for employee ownership

In its 2026 Spring Economic Update, the federal government proposed a permanent $10 million capital gains exemption for Employee Ownership Trusts. The measure was introduced in 2024 to encourage business owners to sell to their employees rather than outside buyers. TD Wealth’s Jeff Halpern says this option could offer a larger tax break compared with other business sale exemptions. Full video: https://www.moneytalkgo.com/video/exit-options-4-succession-strategies-for-business-owners/

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