Document background
The Company Memorandum And Articles of Association serves as the founding constitutional document for corporations in Canada, required at the time of incorporation under either federal or provincial jurisdiction. This document is essential when establishing a new corporation or modifying an existing corporate structure, providing the fundamental rules and regulations that govern the company's operations. It includes crucial information about share capital, shareholder rights, director powers, corporate governance procedures, and internal management rules. The document must align with the requirements of either the Canada Business Corporations Act (for federal corporations) or the relevant provincial corporations act, and serves as a reference point for resolving corporate governance issues throughout the company's existence.
