As of July 5, 2021, corporations incorporated under Ontario’s Business Corporations Act will no longer be required to have at least 25% of directors be resident Canadians. Effective July 5, 2021, subsection 118(3) of...more
For many American or foreign businesses, the idea of setting up operations in Canada often evokes one of two very different reactions. Often, Canada is viewed by Americans as the fifty-first state (albeit a large and cold...more