Ontario Corporations Act

The Ontario Corporations Act is the legislation that governs the formation, operation, and regulation of corporations in Ontario. It sets out the rules for how companies are created, managed, and dissolved, including requirements for directors, shareholders, and reporting. The Act ensures corporations conduct their activities legally and transparently, protecting stakeholders and the public. It also covers issues like corporate filings, meetings, and compliance obligations, providing a legal framework that supports business organization and accountability within Ontario.