MEDIA
Find headlines on Tallgrass and Friesens Corporation along with latest news releases.
IN THE MEDIA
APRIL 2, 2025 – LORIN BUSAAN, LINKEDIN
OPINION: Employee-Ownership makes companies more resilient
Case Study: Could employee-ownership be a comprehensive “Made in Canada” solution that addresses several pressing issues?
MARCH 15, 2025 • CALGARY HERALD
OPINION: How employee-ownership can help secure Canadian sovereignty
As the threat to Canada’s sovereignty intensifies, we need policies that keep Canadian companies owned by Canadians. With many business owners approaching retirement and the Canadian dollar in free fall, Canada faces the risk of a significant sell-off of companies to Americans.
OCTOBER 9, 2024 • TORONTO SUN CAREERS
Employee ownership trusts – What they mean for business owners
Ever dream of owning the company you work for? That dream could soon be a reality for many Canadians thanks to employee ownership trusts (EOTs).
JULY 12, 2024 • INVESTMENT EXECUTIVE
Employee ownership trusts take shape
Three times a year, the 600-or-so employees of Friesens Corp. gather in front of the printing house to accept envelopes, each one holding a cheque for the workers’ share of company profits.
APRIL 5, 2024 • TAKING CARE OF BUSINESS PODCAST
Employee Ownership with Chad Friesen — Friesens Corporation
In this episode of Taking Care of Business, the Business Council of Manitoba sits down with Chad Friesen to learn more about employee ownership, its benefits, and how we can increase its prevalence in Manitoba and Canada.
MAY 2023 • RUTGERS SCHOOL OF MANAGEMENT AND LABOR RELATIONS
Friesens Corporation: Supporting the Local Community through Employee Ownership
Case study: This teaching case study explores the evolution of employee ownership at Friesens Corporation, one of Canada’s leading book printers. Employee ownership has been a cornerstone of Friesens’ ability to navigate economic downturns and systemic changes in the printing industry, while creating wealth for employees and retaining a strong commitment to the local community.
JUNE 22, 2023 • PEMBINA VALLEY ONLINE
Friesens employee-owners celebrate their unique business
In total, $2,100,000 was distributed at Wednesday’s lunch. So far in 2023, Friesens has issued $4,350,000 in cheques to its employee-owners. Friesen added, over the last 12 months, the company has distributed, on average, over $10,000 to the average Friesens employee-owner.
FEBRUARY 27, 2023 • CANADIAN CLUB
Employee Ownership Trusts
Canada is undergoing the largest wave of business owner retirements in its history, with over $2 trillion in business assets projected to be sold over the next decade.
The federal government is considering a way to seize on a golden opportunity to build economic resilience throughout this transition by adopting one of the most popular business succession tools available in the U.S. and U.K.: Employee Ownership Trusts.
Panel: Christine Cooper – Executive Vice President and Head, BMO Commercial Bank, Canada; Chad Friesen – Friesens Corporation; Tim Masson – Chief Steward & CEO, Raise Recruiting; Cindy Turcot – CEO & President, Gardener’s Supply Company
FEBRUARY 3, 2023 • WINNIPEG FREE PRESS
New laws, incentives needed to foster employee ownership
Glenda MacPhail, a book project specialist at Friesens Corp. in Altona, was one of about 550 employees at the sprawling printing operation who got a share of $5 million in company distributions last year, on top of their regular pay.
JANUARY 26, 2023 • PRINTACTION
Friesens Joins Canadian Employee Ownership Coalition
Last year, the trust distributed $5,000,000 among 550 qualifying employee-owners (on average that is over $9,000/employee or more than two months of additional pay). The company broke records for revenue, profits, and number of employees in 2022.
JANUARY 12, 2022 • PRINTACTION
Friesens surpasses $100 million in annual revenue for the first time
“The company benefited greatly from investments made over the last five years as we’ve expanded our facilities, upgraded equipment, automated processes, and added capacity. All these efforts contributed to our success as we enjoyed unprecedented demand from our customers,” said Byron Loeppky, senior vice-president.
NEWS RELEASES
OCTOBER 11, 2024
We’re pleased to announce that Chad Friesen will join Jon Shell and Dirk Propf for a panel discussion at Employee Owned 2024 in Las Vegas, NV on November 14, 2024.
The ESOP Association (USA) has been an early supporter of Employee Ownership Canada and the Employee Ownership Trust (EOT). So much so that they are dedicating a day of Employee Owned to Canadian Employee Ownership Trusts.
JULY 9, 2024
We are pleased to announce that Chad Friesen has been elected to the Board of Directors of Employee Ownership Canada.
Prior to this appointment, Chad was a steering committee member of the Canadian Employee Ownership Coalition that successful advocated the federal government to introduce an ‘Employee Ownership Trust’ (EOT) model for the first time in Canada along with capital gains tax incentives to encourage owners to sell to an EOT. With this work now completed, the CEOC merged with Employee Ownership Canada to create a single voice for employee ownership and specifically EOTs.
Media Inquiries
For commentary on the latest in employee ownership contact us today.
READY TO SELL YOUR BUSINESS?
We’re currently seeking investment opportunities.
Begin the conversation today.