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Business Law Blog
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When Should My Business Have an AI Disclosure Policy?
The Necessity Of An AI Disclosure Policy In Certain Companies Regulatory Imperatives For AI Transparency It's becoming increasingly clear that transparency around artificial intelligence (AI) isn't just a good idea; it's a growing requirement under Canadian law. Regulatory bodies are paying closer attention to how businesses use AI, especially when it impacts consumers or handles...
Read The Rest...What To Do When Business Partners Have a Dispute
Business Partner Disputes and The Steps To Take To Resolve Them Business partnerships, while often formed on a foundation of shared vision and mutual trust, can unfortunately become breeding grounds for conflict. These disagreements don't typically appear out of nowhere; they usually stem from specific operational dynamics and interpersonal issues. Recognizing these common origins is...
Read The Rest...What Warnings To Put On a Cosmetics Product
Mandatory Cosmetic Label Warnings General Requirement for Warning Statements In Canada, cosmetic products must carry warning statements when it's necessary to prevent a health hazard associated with their use. This is a key part of the regulatory framework designed to protect consumers. If a cosmetic doesn't have a required warning, it can be considered misbranded...
Read The Rest...Do Canadian Companies Need Local Directors, Officers or Shareholders?
Understanding Residency Requirements for Key Roles of a Corporation in Canada Minimum Resident Canadian Director Quotas When setting up a corporation in Canada, whether federally or provincially, there are specific rules about who can be a director, particularly concerning residency. For federally incorporated companies, the general rule under the Canada Business Corporations Act (CBCA) is that at...
Read The Rest...What Ledgers and Registers Does a Canadian Corporation Need?
Core Corporate Records Mandated by Statute Under Canadian law, specifically the Canada Business Corporations Act (CBCA), corporations are legally obligated to maintain certain foundational documents. These records form the bedrock of the company's existence and governance, and their proper upkeep is not merely good practice but a statutory requirement. Failure to maintain these documents can lead to...
Read The Rest...Protecting Privacy and Consumer Data Act (PPCDA)
Canada's Federal Personal Privacy Law Is Changing Canada is once again overhauling its private-sector privacy regime. On June 15, 2026, the federal government introduced Bill C-36, the Protecting Privacy and Consumer Data Act (PPCDA), which—if passed—would repeal Part 1 of the Personal Information Protection and Electronic Documents Act (PIPEDA) and establish a new federal framework...
Read The Rest...Asset Purchase Agreements (APA) | 190+ 5-Star Reviews
Legal Services for Asset Purchase Agreements in Canada An Asset Purchase Agreement (APA) is one of the most common legal agreements used when purchasing or selling a business. Unlike a share purchase, where ownership of a corporation changes hands, an asset purchase generally allows the purchaser to acquire selected assets while leaving many historical liabilities...
Read The Rest...What Legal Structures Are Available For a JV in Canada?
Basics of Joint Venture Legal Structures and Characteristics Overview of Joint Venture Structuring When two or more parties decide to collaborate on a specific project or business endeavour in Canada, they often form a joint venture (JV). The way this JV is legally structured from the outset significantly impacts how profits are shared, risks are...
Read The Rest...How to Sell a Business in Canada
Strategic Preparation For Business Valuation in the Sale of a Company Before you even think about listing your business for sale, getting a solid handle on its worth is a major step. This isn't just about picking a number out of thin air; it involves a careful look at what makes your company tick and...
Read The Rest...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...
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