








The Legacy Brief
The Legacy Brief
A monthly perspective on business transitions in North America - built for those who want a clearer view of the market signals and insights shaping business ownership and transition.
Each issue is designed to be concise, data-backed, and worth your time, with a focus on what matters across the market right now.
A monthly perspective on business transitions in North America - built for those who want a clearer view of the market signals and insights shaping business ownership and transition.
Each issue is designed to be concise, data-backed, and worth your time, with a focus on what matters across the market right now.
The Legacy Brief
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For every 10 buyers, only 7 businesses are for sale
For every 10 buyers looking to acquire an established Canadian business, only 7 owners are ready to sell. That is a seller's market. It means the strongest businesses are meeting real, competing demand, and that for now, owners sit on the scarcer, stronger side of the table. The study behind it, from the Business Development Bank of Canada, also found that $300 billion in business value will change hands over the next 5 years, and that 61% of owners are now aged 50 or older.
The Legacy Brief
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What a technical recession actually means for Canadian business owners
By now you have likely heard that Canada entered a technical recession in the first quarter of 2026. Two consecutive quarters of GDP contraction
The Legacy Brief
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92% of business exits end this way. Most owners do not know.
A new report from McKinsey published in February 2026 put a number on something most business owners quietly sense but rarely say out loud. 92% of small business exits in the United States end in closure - not in a sale.
The new way to buy, sell, and transition businesses.
The new way to buy, sell, and transition businesses.
The new way to buy, sell, and transition businesses.
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