by Glenn M. Rumbell | Oct 26, 2020 | Corporation, Dealings with Shareholders, General
In “When Non-voting Shares Get to Vote” we looked at how calling a share a ‘non-voting’ share is a bit of a misnomer. Under Canadian corporate statutes even non-voting shares have the right to vote in certain circumstances and at best should be called ‘mostly...
by Ross Rumbell Business Law | Oct 23, 2020 | Corporation, General
On October 1, 2020, the Ontario government announced new regulations and amendments to the Real Estate and Business Brokers Act, 2002 (REBBA) that allow real estate brokers and salespersons to incorporate “personal real estate corporations” (“PRECs”). Simply put, the...
by John M. Figol | Oct 19, 2020 | Corporation, Dealings with Shareholders, General
There are many reasons for issuing non-voting shares: incentivizing employees with equity, issuing shares to family members, or capital raising through crowdfunding campaigns. In most cases, these reasons are balanced with a founder’s desire to maintain control over...
