Canadian corporate law in four sentences: A corporation is a person, just like you and me. Corporate liability stays with the company; investor’s personal risk is limited to the amount they’ve invested in the company. The board – and not necessarily the executives or the owners – must answer for the corporation’s actions. Majority control rules, but minority owners might have statutory protections. Legal strategy” incorporate; don’t lie; negotiate before you litigate; get everything in writing; keep your papers organized; plan for succession the day you open shop; and never, never tick off the Canada Revenue Agency.
Should you be experiencing negative changes in the payment behavior of your customers CASE can help! As a collection agency with offices in Edmonton, Calgary and the GTA we can apply our best professional efforts in order to make your past due accounts receivable a top priority.