New employee share ownership plan

was included in docs mail out pkg. motion passed. Goal is to have every employee off probation to have ownership. (sounds good to me if they have money in it, we should do better)

if the employee doesnt have money to purchase the company will loan money to them and hold shares till they paid it off through payroll deduction. or something like that. They only get position of shares once they paid it all off. max 5% of gross salary i think? Other companies do this. sounds like its proven to be a good incentive.

shares come from company treasury or something like that? not sure exaclty how that all works. He was comparing to how westjet is, all employees are shareholders.

There objective is 100% of shareholders should have some ownership.