Bill C-42 CBCA Filing Requirements for Individuals with Significant Control (“ISC”)
Starting on January 22, 2024, federal businesses incorporated under the Canada Business Corporations Act (CBCA) will be required to file information on individuals with significant control (ISC) with Corporations Canada in order to meet the reporting requirements coming into effect.
Financing Sources for Startups
Securing funding for a technology startup primarily revolves around equity financing or convertible debt. It is crucial to grasp the distinct financing sources and the corresponding expectations of each investor type when strategizing for a successful fundraising campaign.