Sharing our thinking

CMG regularly updates our thinking on research, trends, and stories about business families and how best to support them.

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MERCK: Thinking in generations, not just in quarters

If you’re the Merck family, you leave nothing to chance. You prioritize planning the future. You invest in it. In simple terms, the Mercks have built and sustained a 13-generation legacy by taking the “Be Prepared” adage to a whole new level...

Covering estate taxes with charitable tax credits

As one of Canada’s largest auto parts wholesalers, finding mutual wins had been Nilam Patel operating style with customers for years. But he wanted a different win-win this time. This one involved planning his charitable legacy, while at the same time covering the tax burden on his estate...

The Vaccine Billionaires of India

The Poonawalla family of India is making a dramatic impact on the global COVID-19 pandemic by becoming the world’s biggest manufacturer of vaccines...

Building business capital and access to liquidity when you need it most

Permanent life insurance is more than an estate tax solution for Canada’s business families. It also builds business capital and can be a source of liquidity – in all market conditions, including a global pandemic like the one we’re experiencing...

Will family control of Samsung end because of estate taxes?

Samsung is a highly-diversified $400 billion conglomerate, rich in three generations of history. But now it’s possible the Lee family’s control may be coming to an end...

Challenges in the Samsung empire

Samsung is a highly-diversified $400 billion conglomerate, rich in three generations of history. But now it’s possible the Lee family’s control may be coming to an end...

The resilience of family businesses

Here at CMG, we’re delighted to see more being written (and acknowledged) in recent years about the importance of family businesses around the world...

Life at the world's largest toymaker

It might also surprise you to learn that Lego, the largest toymaker in the world by sales and profits, is family-owned. This is the story of the Kirk Kristiansen family of Denmark...

Rotman study on private governance

We read recently (with great pleasure) a research report, The critical importance of private company governance, published by The David & Sharon Johnston Centre for Corporate Governance Innovation at the Rotman School of Management...

Zegna stability amidst market challenges

A recent article in the Financial Times highlighted an iconic Italian business family – Zegna, and it’s one we’re tracking closely…

Purpose-driven capitalism at Mars

December 2019 – Recent media coverage of ‘life on Mars’ has added further commentary to our original profile...

The backbone of the Canadian economy

We share our own observations on the latest research into the importance of family businesses in Canada...