Implementation Process

Step 1: Investigation

  • Determine employee interest
  • Contact a portfolio manager
  • Review the boilerplate documents
  • A presentation to employees by your portfolio manager is available
  • Consult your professional advisors

Step 2: Implementation

  • Work with ministry staff to register your ESOP plan. We will provide sample plans and concrete examples of successful ESOP terms, and guide you through the process
  • Review the ESOP Plan with your professional advisors

Step 3: Share Offering

Step 4: Annual Reporting

  • Prepare and deliver financial statements to the employee shareholders
  • Complete the Annual Return (PDF 141 KB) and forward to the ministry
  • Hold an annual shareholder meeting and distribute a report to shareholders