Canada: Corporate/Commercial Law

Canadian registered charities often establish parallel foundations to enhance fundraising, manage investments, and hold endowments separately from day-to-day operations. While this dual structure offers flexibility and long-term stability, it also introduces governance risks, administrative burdens, and complex tax considerations that organizations must carefully navigate to maintain alignment between the two entities.

Director resignations are a critical but often overlooked aspect of not-for-profit and charitable governance, and when handled improperly, they can leave individuals exposed to significant personal liability even after they believed their service had ended.

The Government of Canada has announced plans to modernize the framework for the charitable sector in 2026-2027, though specific details remain limited at this stage.

Torkin Manes is a full-service business and litigation law firm based in downtown Toronto that partners with high-growth companies and individuals to help them achieve their next milestone.

For many Canadian business owners, succession is one of the most consequential decisions they will face.

While a takeover bid can be used to effect a friendly deal, takeover bids typically occur where the bidder has made an unsolicited approach to a target but has been unable persuade the target’s board to agree to a negotiated transaction.

La réponse à un incident de confidentialité peut être complexe et urgente, impliquant de multiples parties et parties prenantes. Le privilège juridique offre des protections utiles concernant les renseignements...

Canada's 2025 Budget proposes significant amendments to the Canada Labour Code that would restrict non-compete agreements in the federally regulated sector. Draft legislation published in May 2026 reveals the scope...

Torkin Manes is a full-service business and litigation law firm based in downtown Toronto that partners with high-growth companies and individuals to help them achieve their next milestone.

However, these discussions do not necessarily signal that most founders should relocate. Remaining a Canadian company offers companies and founders several advantages, which are discussed in detail in this bulletin.

Multiple funding solutions will be necessary to enable Canada to achieve the ambitious goals in defence and national security which have been outlined by the current federal government.

De récentes manchettes faisant état de la décision de la société Y Combinator de cesser temporairement d'investir dans des entreprises canadiennes ont suscité un débat quant à savoir si les jeunes entreprises canadiennes devraient transférer leur siège social aux États-Unis.