Sentences with phrase «business corporations acts»

Canada Business Corporations Act (CBCA) For individual Provincial Securities Acts see the Provincial Securities Commissions links below.

July 14, 2015 — CCGG's Executive Director Stephen Erlichman was quoted in The Globe and Mail about a legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors.

CCGG Executive Director quoted in the CBC news with regard to Yukon's recent changes to its business corporations act

As a wholly - owned subsidiary company, we operate much like a private entity under the Ontario Business Corporations Act, paying an annual dividend to our sole shareholder, the City of London.

Earlier this year, a private member's bill was introduced in the Legislative Assembly of Ontario for the purpose of amending the province's Business Corporations Act.

Also, while it likely won't hit until 2018, issuers should track the amendments to the Canadian Business Corporations Act, which passed their first reading in Parliament in September.

The Vancouver Board of Trade is strongly supportive of the announced Action Plan for Women Entrepreneurs, as well as its promise to modernize Canada's corporate governance framework through amendments to the Canada Business Corporations Act to promote gender diversity among public companies, using the widely recognized «comply or explain» model.

The Institute for Governance (IGOPP) submitted his comments to Industry Canada in response to the Consultation on the Canada Business Corporations Act (CBCA)..

A number, but not all, of the corporate statutes in Canada are based on the Federal Business Corporations Act with slight variations.

Directors may find that they face a tension between the desire to consider additional stakeholder interests beyond traditional shareholders as per B Corporation requirements and their legal duty to act honestly and in good faith with a view to the best interests of a «corporation» under both the Canada Business Corporations Act (the «CBCA») and Business Corporations Act (Ontario)(the «OBCA»).

Incorporated under the Business Corporations Act (Ontario)(the «OBCA») or the Canada Business Corporations Act (federal)(the «CBCA»), with share capital

The bill proposes to implement a requirement of majority voting for all public companies incorporated under the Canada Business Corporations Act.

RTCH is now entitled to acquire all the remaining Alcan shares by way of compulsory acquisition under the Canada Business Corporations Act.

With Bill C - 25 receiving royal assent on May 1st, amendments to the Canada Business Corporations Act are a little closer, including for diversity disclosure.

Partner Bill Clark, one of the co-chairs of our Corporate Governance practice, serves as chair of a task force of the Committee on Corporate Laws of the ABA Section on Business Law, which is responsible for updating and revising the Model Business Corporation Act and the Corporate Director's Guidebook.

In Ontario, corporations are governed by the Business Corporations Act.

Subsection 122 (1) of the Canada Business Corporations Act requires that directors and officers of a corporation, in discharging their duties, shall act honestly and in good faith with a view to the best interests of the corporation, while exercising the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.

This duty of care is codified in the Ontario Business Corporations Act («OBCA»), section 134 (1)(b), which applies to corporations incorporated in Ontario, and the Canada Business Corporation Act («CBCA»), section 122 (1)(b), for Federally incorporated corporations.

There's a wealth of interesting and essential material here: a restatement of the directors» fiduciary duty to the corporation, and the extent to which consideration of other stakeholders» interests may enter into that duty; the «business judgment» rule; the obligation of a court in approving an arrangement under s. 192 of the Canada Business Corporations Act and the test to be used; and the nature of the s. 241 oppression remedy and the interests protected.

The Canada Business Corporations Act and Ontario Business Corporations Act provide, respectively, that an individual is disqualified from being a director if he or she has been found under the Substitute Decisions Act, 1992 (Ontario) or under the Mental Health Act (Ontario) to be incapable of managing property or been found to be incapable by a court in Canada or elsewhere, or he or she is of unsound mind and has been so found by a court in Canada or elsewhere.

In dismissing the appeal from corporate directors in Andrus Wilson v. Ramzi Mahmoud Alharayeri, the Supreme Court recognized a near -20-year-old Ontario appellate court decision as good law, and upheld the broad wording of the oppression remedy in the Canada Business Corporations Act.

According to Chornous, the stage is set perfectly for regulators to step in and reform the system to make it more democratic, with the Canada Business Corporations Act currently undergoing a five - year parliamentary review and the possibility of a national securities regulator still firmly on the horizon.

[1] In particular, the Business Corporations Act (Ontario) and the Canada Business Corporations Act

(f) governing the application or non-application to the corporation of any provision of the Business Corporations Act, the Corporations Act and the Corporations Information Act;

The oppression remedy is a statutory right available under section 242 of the Alberta Business Corporation Act, RSA 2000, c B - 9 [ABCA] and other corporate statutes in Canada.

(3) The district school board that is continued is a corporation and, except as otherwise provided by the regulations made under this Part, subsection 180 (7) of the Business Corporations Act applies with necessary modifications as if the board had been continued under that Act.

As with the Business Corporations Act, this new statute has had a lengthy gestation period.

Since the enactment of the Business Corporations Act in 1971, Ontario business corporations have not been required to have seals.

In Rea v. Wildeboer, the appellants, including Rea Holdings Inc., brought an oppression claim under s. 248 of the Business Corporations Act alleging misappropriation of funds from Martinrea International Inc..

The Federal Court of Appeal had to decide whether the agreement qualified as a unanimous shareholders» agreement («USA») under the Canada Business Corporation Act, and if so, whether the voting restrictions ought to be considered part of the USA.

Industry Canada Industry Canada is the government agency which oversees the incorporation of Canadian companies and administers the Canadian Business Corporations Act.

Canada Business Corporations Act (CBCA) For individual Provincial Securities Acts see the Provincial Securities Commissions links below.

Under the Alberta Business Corporations Act (or the federal one or any other provincial corporations act for that matter), any of these forms of «oppression» may be remedied by an order of the Court, which has a range of discretion under the legislation.

The first judgment (2017 QCCS 850) stems from a minority shareholder seeking access to the books and records of plaintiff Moose International Inc. under s. 247 of the Canada Business Corporations Act in order to value its shares in the company and offer them for sale.

In Mennillo v. Intramodal Inc., the Supreme Court of Canada examined whether a corporation's non-compliance with the corporate formalities of the Canada Business Corporations Act can constitute shareholder oppression.

You may also serve a corporation by registered mail by delivering a copy of the document to the registered office or any attorney of the corporation appointed pursuant to section 268 of The Business Corporations Act.

However, this case does not stand for the proposition that a corporation may avoid consequences for non-compliance with the Canada Business Corporations Act or similar legislation.

CCGG Submission to the Parliamentary Committee on Industry, Science, and Technology Regarding the Statutory Review of the Canada Business Corporations Act (CBCA).

The corporate «Profile Report» will provide you with the necessary information about the names of the officers and directors of the corporation, the address of the registered office, as well as the name of any attorney appointed with respect to an extra-provincial corporation, pursuant to section 268 of The Business Corporations Act.

The removal was not performed in accordance with the terms of the Canada Business Corporations Act.

May 11, 2015 - CCGG's Executive Director Stephen Erlichman was quoted in the CBC news regarding Yukon's recent changes to its business corporations act

Submission to the Industry Canada re: Industry Canada Consultation on the Canada Business Corporations Act

[9] Examples would include a business corporation formed under the business corporations act of a province.

CCGG Executive Director quoted in The Globe and Mail regarding legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors

Submission to the House Standing Committee on Industry, Science and Technology re: Amendments to the Canada Business Corporations Act proposed in Part 1 of Bill C - 25

A group of shareholders with a stake of 5 % or more in a corporation may, under Alberta's Business Corporations Act (section 142), requisition the corporation's directors to call a shareholders meeting.

July 14, 2015 — CCGG's Executive Director Stephen Erlichman was quoted in The Globe and Mail about a legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors.

There have been recent amendments to Ontario's Business Corporation Act, the Corporations Act, and the Ontario Not - for - Profit Corporations Act that will help make the Ontario Government's job easier when finding and retrieving property pursuant to its rights under the FCPA.

October 18, 2016 - CCGG's Executive Director Stephen Erlichman was quoted in the Wall Street Journal with regard to majority voting being included as a proposed amendment to the Canada Business Corporations Act in federal government Bill C - 25.

Any branch plant federally incorporated in Canada is subject to the laws of the Canada Business Corporations Act.