Canadian Businesses and Medium-Sized Businesses

business: It is, however, a difficult one to do, especially in family businesses, according to Globe and Mail. Wendy Tayler: Succession planning is key in Canadian businesses of any size. It is one of many important things on the to-do list for any business, of any size. However, it seems to be a bigger issue in small- to medium-sized businesses where often succession is left too late, which exposes the businesses and all of its employees to the risk of the business being eliminated or downsizing. We’ve already started to address that because it is a challenge to a degree. It is a greater issue now as a large sector of businesses will enter this phase together with boomers retiring. (www.immigrantscanada.com). As reported in the news.