Federal Name Granting Compendium for Federal Companies

The main objective of Industry Canada when incorporating a federal company is to have protection for the name across Canada. In order to accomplish this, the federal government must ensure that any name that is proposed does not conflict with … Continued

Choosing a Name for Your Canadian Corporation, Partnership or Sole Proprietorship

When choosing a name for your Canadian corporation, partnership or sole proprietorship you need to ensure that your name is distinct and different from any other registration on file federally and in all provinces and territories across Canada. In order … Continued

Sole Proprietorship

What is a Sole Proprietorship A sole proprietorship is a registration of a business that is owned by an individual. The proprietor is said to be self-employed. This is the simplest form of a business organization. The proprietor secures the … Continued

Partnership Registration

A partnership occurs when two or more people decide they are going to work together in a business.   Types of Partnerships There are three types in Canada. General Partnerships A general partnership occurs when all individuals have equal control … Continued

NUANS Name Search Reports

Which Provinces Accept a NUANS report versus a Specific Province Name Clearance Report? The province and territories which accept the NUANS  report are:  Alberta, Ontario, New Brunswick, Federal, Nova Scotia, Prince Edward Island and Yukon.  All other jurisdictions in Canada … Continued

Officer Position Descriptions

All companies must have at least one officer.  There are many officer positions and each of those positions comes with a standard set of duties and requirements, although duties can be varied.  Below is a list of the most common … Continued

Officers Titles and Positions

Officers are appointed by the directors of a corporation.  There are many different officers titles and positions that can be held by individuals.  The scope of this Articles is to explain the different positions and statute requirements relating to them. For … Continued

Appointing Officers

This article will provide guidance on how to appoint officers of a Corporation and how resignations and removal of officers are documented. The directors of a corporation manage the affairs of the corporation.  As part of that management the directors … Continued

Why a Company Needs a Minute Book

You would be surprised at how often a minute book will be requested for review.  Not every organization that wishes to see it has a right to see it but you may not be able to move forward with your … Continued

Resident Canadian Requirement for Directors of Ontario Companies

All Ontario companies must have at least one director and this person must be a resident Canadian as defined in the Business Corporations Act (Ontario).  Director(s) are the individuals who manage and supervise the business on behalf of the owners (shareholders).  The … Continued

Resolutions for Ontario Companies – Directors Resolutions | Shareholders Resolutions

Resolutions for Ontario companies are governed pursuant to the Ontario Business Corporations Act.   What is a Resolution A resolution is a form of approval.  It can be to approve any matter that the corporation wishes. Some examples are approval of … Continued

Director Residency Requirements – Canadian Federal Companies

Canadian companies registered in the Federal jurisdiction must follow the requirements of the Canada Business Corporations Act with respect to director residency requirements. What is a Resident Canadian as Defined by the Canada Business Corporations Act The Canada Business Corporations Act defines “resident Canadian” as … Continued

Ontario Operating By-Law – Enactment, Amendment and Repeal pursuant to the Business Corporations Act

What are by-laws? By-laws are the rules pursuant to which a corporation conducts business.   Many of those rules will be the same as outlined in the statute governing the company.  However, in some cases the statute may provide that … Continued

Registration Requirements for Ontario Operating Trade Names

This discussion will be about the requirement under the Business Names Act (Ontario) for a company to register under the Business Names Act when it operates under a name other than its corporate name.

The statute indicates in section 2 that no corporation shall carry on business or identify itself to the public under a name Other Than its corporate name unless That name is registered by the corporation.

This legal requirement is frequently not followed correctly by small business corporations. Let us take the example of a person who incorporates a company called Trewell Landscaping Inc. He incorporates his company and wants to put a sign up on his door for the name “Trewell Landscaping”.

BC Name Search Report – Outline of BC Ministry Requirements for Business Names

The BC government has name granting procedures and policies that differ from some of the other provinces.  The BC government considers any similar BC name already registered and as well looks at the nature of business of the proposed business … Continued

Ontario Personal Property Security Registration & Search

The Ontario Personal Property Security Registration (PPSR) System is a notice filing system that records and provides information concerning consumer and business loans where goods and other personal property are used as collateral to secure loans.  The PPSR System is … Continued

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