Login

If you are not an ICAA member, registered PAF or PSP, please click here to create an account.

Forgot your password?

  1.  
  2.  

Location: Home > Skip Navigation LinksResources > Media Room > Latest News

Latest News

For summaries of the most recent regional, national and international news stories pertaining to chartered accountants and the Alberta CA profession, please see the articles below.

All News

March 14, 2011

Future of Canadian business ownership in question: PwC report

Nearly half (49%) of Canadian family business owners have not chosen their next business leader, exposing a lack of succession planning, according to the Canadian results of PwC’s latest Global Family Business Survey. Among those who have planned for the future, many are making non-traditional decisions about their business with many opting to sell or choosing not to pass the company along to family. The study found less than half (48%) of Canadian family business owners plan on passing their family business onto the next generation—a significant drop from 90% in 2007. Within the next five years, the survey found 27% of owners anticipate a change in ownership of their businesses. Among those who predict a chance of ownership, 33% plan to sell to a private equity investor, up from 14% in 2007, while 22% plan to sell to a management team.
http://www.newswire.ca/en/releases/archive/March2011/14/c2324.html

PwC Release

Latest News 2011

Latest News

Facebook DZone It! Digg It! StumbleUpon Technorati Del.icio.us NewsVine Reddit Blinklist Furl it!