Corporate Law in Canada

Tue, 07 Jul 2026 00:00:00 +0000

Overview

Corporate law in Canada governs the creation, operation, and dissolution of business corporations. The central statute is the Canada Business Corporations Act, RSC 1985, c C-44 (CBCA), enacted in 1975, which serves as the model for functionally identical legislation in all provinces and territories. Canadian corporate law is a matter of provincial jurisdiction over property and civil rights under s. 92(13) of the Constitution Act, 1867, but the federal CBCA is constitutionally valid under the trade and commerce power (s. 91(2)) for federally incorporated companies. Approximately half of Canada’s major public corporations are incorporated under the CBCA, the remainder under provincial statutes, principally Ontario’s Business Corporations Act, RSO 1990, c B.16 (OBCA) and British Columbia’s Business Corporations Act, SBC 2002, c 57 (BCBCA).

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Corporate Law in Canada

Overview