• Corporate Governance in Canada
  • May 31, 2004 | Authors: Sean M. Farrell; Robert K. McDermott
  • Law Firm: McMillan LLP - Toronto Office
  • The corporate governance of Canadian reporting issuers (ie, public companies) is regulated by: (1) Corporate Laws. Canadian companies may be incorporated under the federal Canada Business Corporations Act or one of the similar provincial or territorial corporate statutes. These statutes regulate ordinary and extraordinary corporate transactions. (2) Securities Laws. Securities regulation is the responsibility of the provincial and territorial governments, each of which has its own legislation and securities regulatory authority.