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.

New Brunswick Contact(s):
Canada/New Brunswick Business Service Centre
Ground Floor, Barker House
570 Queen Street
Fredericton, New Brunswick  E3B 6Z6
Telephone: 506-444-6140
Fax: 506-444-6172
Toll-free (information): 1-800-668-1010 (Atlantic region only)
TTY Toll-free (hearing impaired): 1-800-457-8466
E-mail: cbscnb@cbsc.ic.gc.ca
Web site: http://www.cbsc.org/nb
Hours of operation: 8:30 am to 5:00 pm Monday thru Friday - except Government holidays