The single largest tax break available to a Canadian owner shelters $1,275,000 of gain in 2026. Whether your shares qualify for it is decided about two years before the sale.
The same business can be sold as shares or as assets. Each route carries its own tax bill and its own risks, and buyers and sellers usually want opposite ones.
Buyers price the last two or three years of numbers, and the work that changes those numbers takes about a year to show. Here is what to do, in the order it pays.
Five kinds of buyer purchase owner operated businesses in Canada. Each one finances a deal its own way and looks for a different business.
It says non-binding at the top, and most of it is. The parts that bind are the parts that decide how the rest of the sale goes.
A confidential business sale keeps the news inside a small circle until closing. Here is what a buyer sees at each stage, and who hears when.