On May 1, 2015, amendments to the Business Corporation Act (Yukon) (the Act) came into force. The amendments modernize rules but some amendments are unique to the Yukon and are intended to attract companies to incorporate in the Yukon. The particularly noteworthy amendments in the Act include: a corporation can now serve as a director…
On May 14, 2015, the securities regulatory authorities of BC, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia (the participating jurisdictions) each adopted, by way of local blanket order, a substantially harmonized start-up crowd funding exemption that will permit start-up and early stage companies to raise capital in these jurisdictions. BC’s start-up crowd funding exemption…