Guide to CBCA Reform: Analysis and Precedents

Details and specs

A practical guide to the Bill S-11 reforms to the Canada Business Corporations Act (CBCA), the first major overhaul of the CBCA since its inception in 1975. This book includes a complete section-by-section analysis and critique of the amendments made to the CBCA and the new regulations.

Featured are chapters on the practical impact of the reforms on private companies, including analysis of the pros and cons of federal incorporation and continuance, as well as on the implications of the reforms on public corporations, including harmonization with provincial securities laws. The authors also discuss the effect of the reforms and Ontario Securities Commission (OSC) Rule 45-501 on corporate documents including articles of incorporation, articles of amendment, by-laws, unanimous shareholder agreements, Directors and Officers (D&O) indemnity agreements, share certificates, and other corporate documents. Included in the book is a complete set of model precedents reflecting the conclusions on the effect of the reforms.