If you own a business and the business is run under a corporation, both the Federal and Ontario statutes require that a corporation be properly “organized”.  That is a corporation must maintain it articles, by-laws, shareholder agreements, minutes of meetings and resolutions of shareholders and directors, shareholders register, directors records and other corporate and accounting records.  These…

Paperwork! Paperwork! It is the bane of all existence.  Take the following example: The Prime Minister (PM) of Canada holds shares in a private company and prior to becoming PM, he sells his shares, but it was not until a few years later that he was actually compensated for his shares. He is now the…