Federal Incorporation or Provincial Incorporation – Which is better? – 2023

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Federal Incorporation or Provincial Incorporation – Which is better? – 2023

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Ontario Corporation or Canada Corporation

Clients are often surprised when I ask them whether they would like to incorporate federally under the Canada Business Corporations Act (R.S.C., 1985, c. C-44) (the “CBCA”) or provincially under Ontario’s Business Corporations Act, R.S.O. 1990, c. B.16 (the “OBCA”). They are either surprised that the provincial option even exists, or they are surprised that

Maintain your Corporation or Else! – How to Maintain an Ontario or Canada Corporation

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Maintaining a Corporate Minute Book

If you have not maintained annual resolutions for your corporation, you should address this issue immediately. Both the Business Corporations Act (Ontario) (“OBCA”) and the Canada Business Corporations Act (“CBCA”) require annual corporate resolutions to be maintained and it is an offense not to maintain corporate records. In addition to maintaining annual corporate resolutions, an