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Like many family businesses, the Milstein family behind Burlington Coat Factory built their business the old-fashioned way — through hard work, grit, and passion. Creaghan McConnell Gould celebrates and commends these families for their dedication to their family business and the communities they serve...
Even if Sundays have never been for football in your household, you’ve heard of the Dallas Cowboys, the richest franchise in the NFL according to Forbes and, arguably, the most distinct NFL brand to exist. For Creaghan McConnell Gould, the Jones family exemplifies what it means to be a successful business family...
The tides turn swiftly in family business. In our recent article about the Murdoch family, we explored the tumultuous court proceedings that came to a halt due to legal gridlock. Today, Lachlan maintains exclusive control of the company while his siblings walk away as beneficiaries. Although the family’s final solution appears to have resulted in a “win-win” scenario, we can’t help but think this would have been better handled as a private family matter — instead of shared for all the world to see in the international press...
For CMG, the McCain family stands as a shining example of excellence in family business. As a recent example, McCain’s CEO, Max Koeune, has been named the Globe and Mail’s Corporate Citizen of the Year, a testament to the family’s remarkable leadership and the company’s global impact...
Hermès seems to weather economic storms with ease, making the Hermès family one of the wealthiest in the world, as Bloomberg highlighted recently. What sets them apart? At CMG, we think three things make the family unique and worth watching...
We share our insights and four "real-life" case studies on the hidden secret of business succession...
Modern Portfolio Theory (MPT) has long been a foundation in the world of investment portfolio management. The added benefit of combining MPT with participating whole life insurance empowers business families to optimize the risk-return relationship within their portfolios, giving them another tool in their arsenal to steward the wealth they’ve worked hard to accumulate...
Much has been discussed on the impact of the recent increase to the capital gains inclusion rate, from 50% to 66.6%, effective June 25, 2024. The federal government shared that it designed the increase to extract more tax revenue from ultra-high-net-worth Canadians to pay for its various spending priorities...
We explore bridging the gap between generations in business families, outlining five key steps to ease intergenerational tensions and ensure success...
Research & commentary
Family, farming, and the future: The McCain family's entrepreneurial success story
For CMG, the McCain family stands as a shining example of excellence in family business. As a recent example, McCain’s CEO, Max Koeune, has been named the Globe and Mail’s Corporate Citizen of the Year, a testament to the family’s remarkable leadership and the company’s global impact...
The Hermès family:
A story of resiliency—and even growth—in hard economic times
Hermès seems to weather economic storms with ease, making the Hermès family one of the wealthiest in the world, as Bloomberg highlighted recently. What sets them apart? At CMG, we think three things make the family unique and worth watching...
The hidden secret to business family succession
We share our insights and four "real-life" case studies on the hidden secret of business succession...