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Directors and officers of a corporation are subject to various duties including certain federal and provincial statutory duties that apply generally to carrying on a business and under the statute governing the corporation. In a number of instances, a director or an officer can be held personally liable for failing to fulfill these duties. Officers …

Directors and Officers Liability Read More »

A corporation is a separate legal entity, distinct from its shareholders and management, that can hold property, carry on business and incur contractual and legal obligations. Corporations may also be incorporated without share capital, generally for not-for-profit purposes. One of the greatest features of setting up a corporation is that it has the ability to …

Corporation Primer Read More »