One major advantage of setting up a new corporation in Ontario is that it can help shield other parts of your existing business from claims relating to doing business in Ontario. However, if a corporation only intends to do limited business in Ontario (or intends to complete any business within a few years), then it […]
Archive | Doing Business in Ontario
RSS feed for this sectionWill our corporation need to obtain an extra-provincial licence if it is only conducting a single transaction in Ontario?
A single transaction in Ontario may constitute “carrying on business”. If it does, then the non-Ontario corporation involved will need an extra-provincial licence and/or may be required to file information with the Government of Ontario before the transaction begins. If your corporation is considering doing any business in Ontario, then please speak with us before […]
Our corporation wants to start doing business in Ontario. When is extra-provincial registration required?
An active corporation that was incorporated (or continued) under the laws of any jurisdiction outside of Canada must obtain an extra-provincial licence to operate in Ontario. This extra-provincial licence must be obtained before the corporation carries on business in Ontario. “Carrying on business” is defined very broadly to cover most business/commercial activities. It includes, but […]
What is extra-provincial registration in Ontario?
Extra-provincial registration means obtaining a licence from the Government of Ontario and/or filing any other required information, to carry on business in Ontario. All corporations incorporated (or continued) under laws other than an Ontario statute (such as the Ontario Business Corporations Act or “OBCA”) are required to file at least some information with the Government […]
Sector-specific grants, loans and support programs for Ontario businesses
Funding for food processing companies The provincial and federal governments provide more than $3 billion in funding and support to Canada’s agriculture and agri-food sector through a variety of grant and loan programs offered through Growing Forward 2 (GF2). In addition to free workshops and resources, GF2 funds activities that encourage innovation, competitiveness and market […]
Ontario Grants and incentives for innovation and R&D
Ontario-based businesses can benefit from a number of government grant and tax incentive programs that drastically reduce the cost of performing research and development activities. Opportunities include: Industrial Research Assistance Program (IRAP) offered through the National Research Council provides financial support to qualified small and medium-sized enterprises (less than 500 employees) in Canada to help […]
Region-specific funding for businesses in Ontario
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 […]
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 […]
