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Just Good Business Podcast: How Are Canadian Small Businesses Tackling Succession Planning Challenges?
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Just Good Business Podcast: How Are Canadian Small Businesses Tackling Succession Planning Challenges?

By: Al Grego
Emerging Channels Communication Manager
July 11, 2025 clock Calculating time...
How Are Canadian Small Businesses Tackling Succession Planning Challenges

With the average age of business owners at 58 and many lacking succession plans, Canadian small businesses are facing climbing rates of closure. Al is joined by Dr. Sarah Burrows, Assistant Professor at Queen’s University’s Smith School of Business, to discuss the growing concern of succession planning in Canadian small businesses. 

Dr. Burrows discusses the "Silver Tsunami" and the impact of changing tax laws on family-owned businesses.

Explore innovative solutions like Employee Ownership Trusts (EOTs) for sustainable business transitions and learn how local businesses can adapt amidst economic uncertainties.

If you’re a business owner who hasn’t thought about succession planning, start listening!
 
Also in this episode:

  • Kerry Smith, National Leader, Famiy Office Services at MNP talks about succession planning
  • Areen Pabla, Sales & Marketing Intern at Moneris reviews July’s calendar of events

Links of Interest:

Listen to the episode to hear what they have to say.

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Author Profile

Al Grego

Author Profile

Al Grego is the producer and host of the multi-award-winning Yes, We Are Open and Just Good Business podcasts for Moneris. His interests outside of work include podcasting, blogging, and music.

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