Document background
Company's Articles of Association serve as the foundational constitutional document for corporations in Canada, whether incorporated federally or provincially. This document is required during the incorporation process and remains essential throughout the company's existence, establishing the framework for corporate governance, shareholder rights, and operational procedures. It must align with either the Canada Business Corporations Act (CBCA) for federal corporations or the relevant provincial corporate legislation. The Articles define share structures, director and officer responsibilities, meeting procedures, and other crucial aspects of corporate operations. They are particularly important when establishing new companies, during corporate restructuring, or when making fundamental changes to the company's structure or governance.
