What kind of businesses can incorporate under federal and provincial Business Corporations Act?
Almost any type of business may incorporate under federal and provincial Business Corporations Act. However, railway, steamship, air transport, canal, telegraph, telephone, irrigation, mortgage, banking, insurance, loan and trust companies, and other financial institutions, cooperative, Chambers of Commerce as well as not-for-profit corporations are incorporated under different statutes. There are no restrictions, such as minimum company size, on the businesses that may incorporate under federal and provincial Business Corporations Act.
