OBA Business Law PROGRAM | 12:00 PM to 1:30 PM (ET)

On January 22, 2024, Bill C-42 (An Act to amend the Canada Business Corporations Act) will come into effect, creating a publicly accessible beneficial ownership registry of privately held federally incorporated companies. This will require certain federal corporations to make public specific information regarding their beneficial owners. In recent years, several Canadian jurisdictions, including Ontario, have adopted similar legislation requiring “transparency registers” with the stated goal of improving transparency as part of the government's efforts to combat money laundering, terrorist financing, and tax evasion.  

Join our expert panel as they provide practical guidance and insights on:

• New reporting requirements for federally incorporated companies
• Which businesses are subject to the new reporting requirements for federally incorporated companies?
• What information must be disclosed pursuant to these requirements?
• Penalties for Non-compliance
• Who can access the register?
• Requirements for provincially incorporated companies
• Similarities and differences between Federal and Ontario regimes

Register now to ensure that you are up-to-date on these important federal and provincial requirements.

PROGRAM CHAIR

Avechi Chimara, Ormston List Frawley LLP

PROGRAM SPEAKERS

Andreea Muth, Pallett Valo LLP
Alexis Fitzjohn, Fasken Martineau DuMoulin LLP
Genevieve Gobeil, Corporations Canada