by Tobuso | Nov 9, 2023 | Not-For-Profits
If you have spent any time working in a non-profit, then you will know that the board of directors plays a critical role. But board members are busy people who usually have lots of outside responsibilities, and getting everyone in the Boardroom (or on a Zoom...
by Tobuso | Oct 26, 2023 | Established Business Owners
When a corporation is profitable, the directors of the corporation decide what to do with the profits. Options include reinvesting the profits into the business, paying down the corporation’s debt, paying bonuses to employees, or paying dividends to...
by Tobuso | Oct 19, 2023 | General Information
What’s going on? People who own shares in Canadian companies have been able to keep their shareholdings private… until now. Starting in January 2024, all corporations incorporated under the Canada Business Corporations Act will be required to submit information to...
by Tobuso | Oct 11, 2023 | Address Change, General Information
One of the most common changes in the life of a corporation is an address change. Corporations change their address for a whole host of reasons; for example, when they’re growing, and they lease a new space, when there is a change in ownership, or when there is a...
by Tobuso | Sep 26, 2023 | General Information
Each corporation in Canada has a Board of Directors. And the Board of Directors is considered the corporation’s brain or “guiding mind”. (This is true of corporations of every size, whether there is just one director or whether there are 15...
