Deloitte sponsored family business survey: the results are in

Which critical issue is not being adequately addressed by more than 80% of Canada’s family-owned businesses?

What are the key factors for determining who will take the reins of a family business?

How are family-owned businesses preparing for future transitions years in advance?

Our survey findings show that family businesses in Canada are increasingly recognizing the importance of good governance practices, including the need to plan for next gen succession. However, taking steps to formalize these plans and governance structures remains a challenge.

The article includes highlights from the survey as well as insights shared by the business family leaders interviewed by Canadian Business.