Wilson Rasmussen LLPSurrey, BC · January 12, 2026Advancing Corporate Transparency in Canada: Legislation Proposed for a Federal Beneficial Ownership Registry for Corporations
Background The Government of Canada has proposed legislative amendments to the Canada Business Corporations Act (CBCA) to create and implement a publicly accessible beneficial ownership registry of federally incorporated companies. The proposed legislation making the amendments was introduced as Bill C-42, which underwent a First Reading in Parliament on March 22, 2023. The proposed legislation has...
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