Canada Directors’ Residency Requirements for Companies.
Canada Residency Requirement: Yes
At least twenty-five per cent of the directors of a corporation must be resident Canadians. However, if a corporation has less than four directors, at least one director must be a resident Canadian.
Canada Residency Requirement: Yes
At least 1/4 of the directors of a corporation must be resident Canadians.
Canada Residency Requirement: No requirement
Prince Edward Island
Canada Residency Requirement: No requirement
Ontario
Canada Residency Requirement: Yes
At least 25 per cent of the directors of a corporation other than a nonresident corporation shall be resident Canadians, but where a corporation has less than four directors, at least one director shall be a resident Canadian.
Canada Residency Requirement: Yes
At least 25% of a corporation’s directors must be residents of Canada. If a corporation’s board is comprised of three or fewer directors, one of them must be a resident of Canada.
Canada Residency Requirement: No requirement
Nova Scotia
Canada Residency Requirement: No requirement
Nunavut
Canada Residency Requirement: No requirement
Quebec
Canada Residency Requirement: No requirement*
*Not in the actual Companies Act and not in the future new Business Corporations Act in Quebec.
Saskatchewan
Canada Residency Requirement: Yes
At least 25% of the directors of a corporation must be resident Canadians, but if a corporation has fewer than four directors, at least one director must be a resident Canadian.
Newfoundland/Labrador
Canada Residency Requirement: YES
At least 25% of the directors of a corporation shall be resident Canadians*.
(*does not apply to a body corporate that earns no income in Canada).
Northwest Territories
Canada Residency Requirement: No requirement
Yukon
Canada Residency Requirement: No requirement
