National Bank study shows 47% of mid-sized Western Canada business owners plan retirement within 10 years

PUBT · 1d ago
National Bank study shows 47% of mid-sized Western Canada business owners plan retirement within 10 years
  • National Bank of Canada analysis flagged a major ownership-transition wave for mid-sized businesses in Western Canada over the next decade.
  • Survey found 47% of owners plan to retire within 10 years; 68% expect to sell or transfer their companies.
  • Among planned sales or transfers, 60% expect the transaction to occur within 10 years.
  • Business continuity ranked top priority at 44%, ahead of maximizing sale proceeds at 39%; 36% prioritized finding the right successor.
  • Despite high awareness of needed advisers at 98%, only 62% sought professional advice; 36% had not retained specific advisers.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Bank of Canada published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.