Alberta Business Family Institute

Tim Melton, 3rd Generation, Melcor Developments Ltd.

“Family owned and operated businesses are an integral part of our community. The Alberta Business Family Institute specializes in addressing the specific issues and needs relating to family business and has become a valuable resource to our business and family.”

Don Zinyk, Executive Professor, ABFI

“Alberta is fortunate to have ABFI as part of its family business community. The many programs they run are very beneficial to both families in business and their advisors.”

Natalie Gusse, 3rd Generation, Edmonton Exchanger

“The NxGen program has allowed me to learn through the experience of other family business successors and experts. The most valuable part of this experience has been the candid and confidential discussions that take place though this trusted peer group.

ABFI offers valuable programs, services, and advice

Consider the facts. Family-owned business:

  • Generates approximately 60% of Canada’s Gross Domestic Product
  • Employs 6 million workers in Canada (both full-time and part-time)
  • Creates 70% of all new jobs in North America
  • Provides 55% of all charitable donations

Staggering, isn’t it? Yet, 70% of family-owned businesses fail before they are passed on to the second generation. That figure jumps to 88% for third-generation succession and 97% for fourth. (Family Business Institute)

Support, networking, and resources for family-owned business

The Alberta Business Family Institute recognizes the vital impact of family enterprise on our economy, as well as the specialized needs of this unique entity. ABFI is committed to improving the statistics through the provision of essential tools, guidance and knowledge in such areas as:

  • succession and estate planning
  • corporate governance
  • leadership development
  • conflict resolution
  • and more

Thank you to  for their generous
contribution in the production of this ad for ABFI.