Depending on which region of Ontario you are based in, your business may be eligible for region-specific funding to support business expansion. Funding for businesses in Southwestern Ontario Southwestern Ontario Development Fund (SWODF) provides grant and loan funding for economic development in southwestern Ontario. The funds support projects that create jobs, encourage innovation, collaboration and […]
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Ontario Government grants to cover the cost of hiring and training
Government grants for hiring and training abound for businesses operating in Ontario, with both federal and provincial programs offering as much as $20,000 or more to companies that hire and/or train workers. Here are just a few opportunities your business can cash in on when you hire in Ontario: Access Mitacs funding programs to benefit […]
General funding and incentives for growing Ontario businesses
Financing, government grants and support for exporters Foreign Buyer Financing from Export Development Canada (EDC) provides financing to international customers so that the agency takes on the risk of non-payment. Your customer receives extended payment terms and you receive payment according to your contract’s terms and conditions, so your business reaps the benefits of a […]
General funding and incentives for growing Ontario businesses
Financing, government grants and support for exporters Foreign Buyer Financing from Export Development Canada (EDC) provides financing to international customers so that the agency takes on the risk of non-payment. Your customer receives extended payment terms and you receive payment according to your contract’s terms and conditions, so your business reaps the benefits of a […]
Ontario Incorporation Frequently Asked Questions
Incorporation of an Ontario Corporation Ontario Articles of Incorporation Director’s consent for Ontario Corporations Certificate of incorporation for Ontario Corporations Assignment of number to Ontario Corporations Name prohibition for Ontario Corporations Restrictions on corporate name for Ontario Corporations Registered office for Ontario Corporations Corporate powers of Ontario Corporation Capacity to act outside Ontario for Ontario […]
Amendments to Articles of Incorporation of Ontario Corporations
Subject to sections 170 and 171 of the Ontario Business Corporation Act, a corporation may from time to time amend its articles to add, change or remove any provision that is permitted by this Act to be, or that is, set out in its articles, including without limiting the generality of the foregoing, to, (a) […]
Records, duties of Ontario corporations
A corporation shall prepare and maintain, at its registered office or at such other place in Ontario designated by the directors, (a) the articles and the by-laws and all amendments thereto, and a copy of any unanimous shareholder agreement known to the directors; (b) minutes of meetings and resolutions of shareholders; (c) a register of […]
Residency of Directors in Ontario Corporations
At least 25 percent of the directors of an Ontario corporation other than a non-resident corporation shall be resident Canadians, but where a corporation has less than four directors, at least one director shall be a resident Canadian. Ontario Online Incorporation Service in 2 Hours for Only $99 Ontario Incorporation in 2 Hours. New low […]
Qualification of directors in Ontario Corporations
The following persons are disqualified from being a director of a corporation: 1. A person who is less than eighteen years of age. 2. A person who has been found under the Substitute Decisions Act, 1992 or under the Mental Health Act to be incapable of managing property or who has been found to be […]
First Directors Meeting in Ontario Corporations
After incorporation, a meeting of the directors of an Ontario corporation shall be held at which the directors may, (a) make by-laws; (b) adopt forms of security certificates and corporate records; (c) authorize the issue of securities; (d) appoint officers; (e) appoint one or more auditors to hold office until the first annual or special […]
