Document background
Company Articles of Association are essential incorporation documents required when establishing a corporation in Canada, whether under federal or provincial jurisdiction. They serve as the constitutional framework that governs the internal affairs of the corporation and its relationships with stakeholders. These Articles must comply with either the Canada Business Corporations Act (for federal corporations) or the relevant provincial business corporations act. The document is necessary during incorporation and remains a living document that can be amended as the company evolves. It contains crucial information about share structure, corporate governance, shareholder rights, director powers, meeting procedures, and other fundamental aspects of corporate operations. When drafting Articles of Association, consideration must be given to both mandatory legal requirements and the specific needs of the business, ensuring flexibility for future growth while maintaining appropriate controls and protections for all stakeholders.
