Compliance and Enforcement - Canada Business Corporations Act (CBCA)

To Whom Does This Apply?

Summary

The CBCA is intended to be primarily self-enforcing, meaning that it provides parties with complaints direct access to remedies to address their complaints. Only in extraordinary circumstances will the Director, Corporations Canada use his public resources towards what are essentially private disputes between a complainant and a corporation.

Failure by a corporation or a director or officer of a corporation to comply with statutory requirements can result in them receiving a summary conviction to a fine not exceeding $5 000 or to imprisonment for a term not exceeding six months or both.

For more information

If you require additional information on basic compliance requirements or on any of the products and services offered by Corporations Canada, please visit the Web site or contact them by phone or e-mail.

Companies may also wish to seek legal counsel.

DISCLAIMER
Information contained in this section is of a general nature only and is not intended to constitute advice for any specific fact situation. For particular questions, the users are invited to contact their lawyer. For additional information, see contact(s) listed below.

Saskatchewan Contact(s):
business infosource
Canada-Saskatchewan Business Service Centre
#2 - 345 Third Avenue South
Saskatoon, Saskatchewan  S7K 1M6
Telephone: (306) 956-2323
Fax: (306) 956-2328
Toll-free (information): 1-800-667-4374 (Anywhere in Canada)
TTY Toll-free (hearing impaired): 1-800-457-8466 (Anywhere in Canada)
E-mail: saskatchewan@cbsc.ic.gc.ca
Web site: http://www.cbsc.org/sask