How To Buy Shares in a Private Canadian Corporation

Basics of Obtaining Share Ownership of a Company in Canada Defining A Shareholder And Share Ownership A shareholder is essentially an owner of a corporation. When you buy shares, you're acquiring a piece of that company. These shares represent your ownership interest and, depending on the class of shares, can come with various rights. In...

How To Sell Shares in Your Corporation

Understanding Share Sales in Canadian Corporations When you decide to sell your Canadian corporation, you generally have two main paths: selling the company's assets or selling the company's shares. Most often, the person selling prefers to sell the shares. This is usually because it can lead to better tax outcomes, particularly with the way capital...

How To Transfer Shares in a Company

Understanding Share Transfers in Canadian Corporations Defining Share Ownership and Shareholder Status In Canada, owning shares in a corporation means you hold a piece of that company. This ownership grants you specific rights and responsibilities. When you acquire shares, you become a shareholder, which is a formal status within the corporate structure. The articles of...

How to Issue Shares In Your Own Corporation

Share Issuance Basics for Companies in Canada Issuing shares is a fundamental step in the life of a Canadian corporation, representing the sale of ownership stakes. When your corporation issues shares, it's essentially selling pieces of itself to investors in exchange for capital. This capital can then be used to fund operations, expansion, or other...

Personal Importation of NHPs into Canada

Can Foreign Natural Health Product Companies Sell to Canadians Without an NPN? Many foreign natural health product (NHP) companies are interested in entering the Canadian market but are discouraged by the regulatory burden associated with obtaining a Natural Product Number (NPN), obtaining a Natural Health Product Site Licence, and complying with Canada's comprehensive Natural Health...

Food Safety and Quality Act, 2001 (FSQA) Guide

Ontario's Provincial Rules and Requirements for Preparing and Selling Food Legislative Intent and Scope The Food Safety and Quality Act, 2001 (FSQA) was created to provide a legal structure for managing the safety and quality of food and agricultural products in Ontario. Its main goal is to ensure that any food sold, processed, or produced in...

What is DineSafe Toronto?

The City of Toronto's Food Premises Inspection Program Municipal Authority Over Food Establishments The City of Toronto, through its municipal by-laws, holds the primary authority to regulate food establishments operating within its boundaries. This authority is exercised to protect public health and safety. These municipal regulations work in conjunction with provincial laws, creating a layered...

PSP Assessments Under the RPAA

The Bank of Canada's Supervisory Mandate Supervision of End-User Funds Safeguarding The Bank of Canada is tasked with overseeing how payment service providers (PSPs) protect the funds belonging to their users. This falls under the Bank's responsibilities as defined by the Retail Payment Activities Act (RPAA). The Bank will regularly check if PSPs are following...

How To Get an NHP Site Licence

Licence Requirements to Import, Manufacture, Package or Store Natural Health Products in Canada Purpose and Scope of a Site Licence A Site Licence is a mandatory authorization from Health Canada, specifically the Natural and Non-prescription Health Products Directorate (NNHPD), for any facility involved in the handling of Natural Health Products (NHPs) within Canada. This licence...

NHP vs Food – What Is My Product?

Understanding the Regulatory Landscape: Food Versus Natural Health Product Foods Under the Food and Drugs Act and Food and Drug Regulations In Canada, conventional foods are primarily governed by the Food and Drugs Act and its associated Food and Drug Regulations. These regulations outline the standards for safety, labelling, and composition for products intended for consumption as part...