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

Capital Dividend Upon Redemption

Under certain circumstances, and provided the Articles of the Corporation provide, the directors of a Corporation may approve a deemed capital dividend upon redemption of a class of shares. Redemption of Shares Resulting in a Capital Dividend upon Redemption When … Continued

When is a Certificate of Status Issued

A certificate of status can be obtained for any registered company. These certificates are not issued for sole proprietorships or partnerships or business names. Sometimes a certificate of status is called a certificate of good standing or a certificate of … Continued

What Goes in a Minute Book

  Below is an detailed explanation of what goes in a minute book.  When a new company is incorporated there is a three step process:  (1) obtaining a Certificate of Incorporation, (2) setting up a minute book and, in some … Continued

Carry on Business in Saskatchewan – Statute Requirements

If a Canadian company, registered in any of the provinces or territories in Canada, wishes to register to conduct business in the province of Saskatchewan, that company may need to be extra-provincially registered in the province of Saskatchewan. Alternatively, if a … Continued

Carry on Business in Nova Scotia – Statute Requirements

If you have a business registered in Canada but outside of Nova Scotia, and you wish to have your company carry on business in Nova Scotia it is best to understand the statute requirements for conducting business in that province … Continued

Directors Resolution to Approve an Agreement

The directors of a corporation are elected by the shareholders to manage the affairs of the corporation.  The duties of the directors are outlined in the statute of incorporation, in the by-laws and as the shareholders may direct from time … Continued

Continuance – Moving Your Company to Another Jurisdiction

A company is said to have continued when it has moved from one jurisdiction to another.  For instance, if a company moves from the province of Ontario to the province of Alberta, this would be considered to be a continuance.  … Continued

Alberta NUANS Search

An Alberta NUANS Search is required when incorporating an Alberta company.   The Alberta NUANS search report is used by the Alberta government to confirm that your proposed name is available for use. The Alberta NUANS Search will show all business … Continued