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Business Corporation Act Proposed Amendments

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Important Changes to the Alberta Business Corporations Act Now in Effect

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Removal of Residency Requirements for Directors - On March 29, 2021, Alberta removed the Canadian residency requirements of directors for Alberta corporations governed by the Alberta Business Corporations Act (ABCA)....more

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CBCA Private Corporations Subject to New Shareholder Record-Keeping Requirements

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In December 2017, Canadian finance ministers announced their agreement in principle to “pursue legislative amendments to federal, provincial and territorial corporate statutes or other relevant legislation to ensure...more

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Amendments to the Canada Business Corporations Act

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On September 28, 2016, the Government of Canada tabled proposed amendments to the Canada Business Corporations Act (CBCA). Corresponding amendments are proposed for the Canada Cooperatives Act and the Canada Not-for-profit...more

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