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US Politics

US Politics

Opinion: Want a more resilient Canadian economy? Double down on democratic employee ownership

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Summary
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73% Informative

In a democratic employee-owned firm, employees collectively own a majority of the company.

They have meaningful rights to help shape decisions and profits are shared broadly and equitably.

Such firms exist in Canada , but are small in number, most common in Quebec but exist elsewhere.

A new Canadian economy with more — or many — democratic workplaces would be a more equitable, empowered and resilient economy.