In Ontario, a business, particularly a corporation, is legally required to maintain a minute book as part of its corporate records. Here’s why you need one and how often it needs to be updated: Why You Need a Minute Book Legal Requirement: Under the Ontario Business Corporations Act (OBCA) and the Canada Business Corporations Act […]
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In Ontario, a corporate name search is a critical step when incorporating a business or changing the name of an existing corporation. The process ensures that the proposed corporate name is unique and does not conflict with existing business names, trademarks, or other registered entities. Here’s what’s involved: Preliminary Name Search Brainstorming: Start by
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Navigating Change: Canadian Family Businesses Accelerate Succession Plans Amidst Economic Shifts A recent study by KPMG LLP in Canada reveals a significant trend among Canadian family business owners, with 79% fast-tracking succession plans due to evolving economic landscapes and internal family dynamics. The survey of 285 leaders from 700 small- and medium-sized family businesses indicates
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