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Toronto is piloting a city-owned grocery store. Could it help fight high food prices?
Toronto City Council has approved initial steps toward a city-owned grocery store pilot to increase competition and drive down food prices. The move addresses growing concern over Canada's grocery oligopoly, where major chains have posted outsized profits—a trend critics link to "sellers' inflation" since COVID. SCP's CEO Matthew Mendelsohn sees the pilot as a promising step toward public ownership models that prioritize affordability over investor returns.
Why Canada should back employee ownership trusts for the long term | TheFutureEconomy.ca
Established in 2024, Employee Ownership Trusts (EOTs) allow business owners to sell their companies to a trust held on behalf of employees, keeping firms in Canadian hands, building worker wealth and strengthening local communities. Jon Shell makes the case for EOTs in TheFutureEconomy.ca. With a temporary capital gains tax exemption set to expire in 2026, he and other advocates are urging the federal government to make the incentive permanent before momentum stalls.
How Employee Ownership Trusts keep wealth in Canada | Canadian Business
The coming wave of business successions will shape Canada’s economy for generations. In Canadian Business, Jon Shell explains how employee ownership safeguards economic sovereignty, while boosting growth, productivity and local wealth, giving employees struggling with affordability a new source of income. As entrepreneurs and owners seek alternatives to selling abroad, the employee ownership trust (EOT) provides a practical answer. Instead of letting the EOT tax incentive expire at the end of 2026, now is the time for the government to double down on employee ownership.