Report | The Private Equity Playbook: How buyout firms extract rather than build value and what to do about it

From veterinary clinics to aircraft landing gear, private equity is expanding its presence across in industries in Canada. But what is private equity and what are its potential consequences for the Canadian economy?

In a new report for CAMP, Rachel Wasserman investigates the rise of buyout private equity in Canada and the implications for the future of our economy including market consolidation, unsustainable debt burdens, and reduced transparency.

To foster a competitive and growth-oriented economy, Canada must address the incentives that favour extracting wealth out of companies rather than building it. By empowering the Competition Bureau to pursue industry roll-ups, regulating leveraged buyouts, promoting alternative exit options for entrepreneurs, and closing tax loopholes, we can create an economy we build up rather than buy out.

Read the full report here.