Succession Pathways

About Succession Pathways

Succession Pathways is a confidential advisory program designed to help Northern Ontario businesses navigate the complex process of succession planning. With over 70% of Canadian businesses operating without a formal succession plan, the risk of disruption or closure is significant—especially in smaller, regional economies.

This program connects business owners with experienced advisors to support thoughtful, strategic transitions. Whether it’s understanding the value and growth potential of a business, identifying future leadership, or preparing for ownership transfer, Succession Pathways provides the tools, education, and one-on-one guidance needed to ensure long-term business continuity.

Through a discreet and coordinated approach, Succession Pathways empowers businesses to plan for the future—securely, confidently, and on their own terms.

Succession Pathways logo
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How it works

Step 1: Book a short virtual meeting (MS Team) with our Sr. Business Development Officer by clicking the button below.
Step 2: Get matched with a subject matter expert for a free 1-hour consultation.
Step 3: Receive a report from the expert.
Optional: Business owners may schedule up to two additional follow-up meetings with the advisor. Please note: After a total of three appointments, any further meetings will not be covered by the CEDC

Access support for these services

Business valuation, accounting & financial services

Legal Services

Strategic planning and advisory services

Other areas of relevant expertise

Become a Member of the CEDC Business Succession Planning Consultation Program (Succession Pathways)

The Thunder Bay Community Economic Development Commission (CEDC) is seeking submissions of request to be a member of the CEDC Business Succession Planning Consultation Program (Succession Pathways). Deadline for applications is at 4:30pm on April 29, 2026.

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