Federal Corporations Must Start Filing Info on Owners With Significant Control of Company
Minister of Innovation, Science and Industry Francois-Philippe Champagne speaks to the media during the federal cabinet retreat in Montreal, on Jan. 22, 2024. The Canadian Press/Christinne Muschi
Industry Minister François-Philippe Champagne says federal corporations are now required to file beneficial ownership information with Corporations Canada and that some of this information will be made available publicly.
The change is part of the government’s move to improve corporate transparency.