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New Register Requirements of “Individuals with Significant Control”
April 20th, 2020 by Gemma Brown
Effective June 13, 2019, each private corporation incorporated under the Canada Business Corporations Act (CBCA) was required to prepare a register of “individuals with significant control” (ISC) over such corporation. The purpose of these changes is to identify the actual individuals behind business activities being seen as an important and key component of Canada’s anti-money laundering and anti-terrorist financing regime. Manitoba has harmonized its legislation with changes… Read More »
MANITOBA SCRAPS PROPOSED NEW HOME WARRANTY ACT – How can you protect yourself?
January 31st, 2020 by Gemma Brown
The New Home Warranty Act and Regulations were originally to be in force on January 1, 2017. The PC Government delayed and eventually scrapped the implementation of the Act and Regulations. With recent developments in rural Manitoba, there seems to be renewed interest in this topic, with advocates suggesting that there needs to be some mechanism to protect purchasers of newly built homes. There does… Read More »
