In industries from dentistry to aircraft manufacturing, private equity (PE) is everywhere—some of it intent on rejuvenating flailing businesses, and some of it poised to extract maximum profit at any cost. To demystify this financial tool, CAMP and SCP hosted an expert panel of informed insiders and prominent American critics who have been on the frontlines of fighting PE’s worst excesses. Together, moderator Ana Pereira from the Toronto Star, Private Equity Stakeholder Project’s Jim Baker, Plunder author Brendan Ballou, SCP’s Jon Shell and CAMP Fellow Rachel Wasserman break down how PE is commonly used, what’s next and how we can change course.
Panelists
Jim Baker
Executive Director, Private Equity Stakeholder Project
Brendan Ballou
Author, Plunder: Private Equity’s Plan to Pillage America
Jon Shell
Chair, Social Capital Partners
Rachel Wasserman
Fellow, CAMP
Moderator
Ana Pereira
Business Reporter, Toronto Star
Share with a friend
Related reading
Watch the video: Why do Canadians work so hard and get so little?
Low productivity means lower wages and a lower standard of living. Canada does need to boost productivity—but we keep trying the wrong things. Watch SCP CEO Matthew Mendelsohn explain the productivity conversation Canada actually needs to have.
Market study submission: Competition in financing for Canada’s SMEs
Small- and medium-sized businesses (SMEs) face significant barriers to accessing capital and we believe that the lack of competition in the banking sector is one of several important contributing factors. We provided comment on the Competition Bureau's upcoming market study on SME financing because we believe that unlocking capital for SMEs and entrepreneurs will strengthen the Canadian economy, bolster our sovereignty and provide more Canadians with pathways to building wealth. We look forward to seeing how the evidence collected will help inform policymakers interested in tackling this issue.
Watch the video: Why would a company sell to its employees?
Canada is facing a $2-trillion business handoff. What if employees owned more of it? In this video, our Director of Policy Dan Skilleter explains why a company would sell to its own employees, how it happens and who stands to benefits. Spoiler alert: employee-owned companies are shown to be 8-12% more productive, share more wealth with their workers, keep businesses Canadian-owned and shore up the resilience of local communities and the broader economy.
