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Dear EOA Subscriber,
EOA will be kicking off the 2024 Experts Panel webinar series on Wednesday, 27th March at noon (AEDT) with a session on the topic of Canada’s recent legislative program designed to dramatically grow the number of employee-owned companies in that country. For this inaugural 2024 session, we are pleased to be joined by our special guest from Canada - Jon Shell, Chair, of Social Capital Partners (SCP), a long-time enthusiast for employee ownership who has done much to instigate the pro-employee ownership legislative developments in Canada, starting with the release of the excellent white paper, “Building the Employee Ownership Economy” in 2022.
Jon will be discussing with EOA Chair Andrew Clements how the advocacy campaign and legislative program has progressed in Canada over the past few years, and what we might learn from their successes.
This webinar will be held on Wednesday, 27th March, 2024 at noon (AEDT).
After registering, you will receive a confirmation email with information on how to join the webinar.
Registration link: https://us06web.zoom.us/webinar/register/WN_NAzPhM4rQ5GZ3RA4VRq_gA
More Info
Canada is set to dramatically increase its number of employee-owned companies due to new legislation introduced in 2023 to both create and provide incentives for Employee Ownership Trusts (EOTs). The Canadian Employee Ownership Coalition was formed in early 2023 to support this effort, though the advocacy has developed since 2020, led by Social Capital Partners and others. As Canada looks to follow in the footsteps of the United States and the United Kingdom, the movement to increase employee ownership is spreading around the world. Australia will be rapidly catching up with these developments.
About the speaker
Jon Shell is Chair of Social Capital Partners (SCP). SCP is an independently funded non-profit founded in 2001, whose mission is to build a more resilient economy through broad-based ownership and quality employment. SCP has led the advocacy for Employee Ownership Trusts in Canada and led the financing of the sale of Taylor Guitars to its 1,400 workers in the US in 2021. Jon is a co-founder and a member of the steering committee of the Canadian Employee Ownership Coalition. Prior to joining SCP, Jon co-founded the largest veterinary service providers in both Canada and Australia (where he lived from 2013-16) and worked as a management consultant at McKinsey and Company.
We look forward to exploring the webinar topic with Jon and all the participants in the webinar.
Latest news
You can also check out our latest blog pieces, as follows:
1. Why ownership matters, January 2024
Employee Ownership Australia (EOA) believes that ownership matters, because the way business is owned largely determines its behaviour, its horizons, its values, its longevity and its performance. Economies benefit from diversity, and that includes diversity in the ownership of business.
2. New data shows employee-owned businesses deliver outstanding productivity and ESG results, November 2023
These findings confirm what practitioners in this area have long seen as the key benefits of employee ownership - a business model that is now also rapidly being recognised as a force for social and environmental good.
Watch the recording of our previous EOA Experts Panel Webinars
Watch the recordings of all of our previous EOA Experts Panel Webinars at our ‘EOA Webinars’ page.
Related to the topic of the webinar today, you can watch the recording of our Experts Panel Webinar in May last year – ‘Employee Ownership – So What? What it means for employees to be owners’ - with Simon Lincoln from Make Architects and Janna DeVylder from Meld Studios (both companies being employee-owned via ‘employee ownership trusts’ (EOTs) in Sydney)
Share your story with EOA!
EOA is looking to publish more stories about employee share ownership schemes in 2023. If you manage or are involved in an employee ownership project we'd love to hear from you! Questions for the publication will include why the specific scheme was launched, whether the main objectives were achieved, whether the scheme has been successful and what the average employee participation rate is. If you would like to be involved, please email EOA Communications Officer at info@employeeownership.com.au
