Trivia: Canada Incorporation
What are the basic, but distinctive facts you should know about business incorporation in Canada?
- In Canada both the federal government and the provinces have corporate statutes, and thus a corporation may have a provincial or a federal charter
- Many older corporations in Canada stem from Acts of Parliament passed before the introduction of general corporation law
- The oldest corporation in Canada, and in North America, is the Hudson's Bay Company, chartered in 1670
- Federally recognized corporations are regulated by the Canada Business Corporations Act
