Corporations, Ownership Transparency and the New Rules
The legal, regulatory and compliance landscape in Canada has changed, and will likely continue to change, for corporations, their shareholders and their advisors. As of June 13, 2019, the Federal Business Corporations Act (Canada) (the “CBCA”) was amended…
Beneficial Property Ownership Reporting Threshold Lowered in British Columbia
British Columbia has lowered the threshold at which shareholders of a property-owning corporation must be disclosed to its public registry of beneficial and indirect land owners to 10 per cent.