Beneficial Ownership

 

Register of Individuals with Significant Control

Beginning on April 8, 2020, most Manitoba corporations will be required to maintain a register of individuals with significant control over the corporation. Changes to The Corporations Act were accomplished through Part 3 of Bill 22 – The Business Registration, Supervision and Ownership Transparency Act that was passed Fall 2019.

Please take the time to read the following document. Please click here for details.

 

Restrictions Regarding Bearer Shares

Beginning on April 8, 2020 important changes take effect in Manitoba regarding the issuance, replacement and conversion of bearer shares. Changes to The Corporations Act were accomplished through Part 3 of Bill 22 - The Business Names Registration, Supervision and Ownership Transparency Act that was passed Fall 2019.

Please take the time to read the following document. Please click here for details.