Posts Tagged ‘Law’
The Oppression Remedy
The Oppression Remedy under the Ontario Business Corporations Act (OBCA) provides a powerful legal tool for shareholders, directors, and other stakeholders in closely held corporations to protect their interests when they are unfairly treated or oppressed by the actions of those in control of the company. This legal remedy can help resolve disputes, prevent abusive practices, and ensure that corporate governance operates fairly and transparently.
Read MoreEmployer or Contractor in Canada
When hiring workers, businesses in Canada often face the question of whether to classify an individual as an employee or an independent contractor. The distinction between these two types of workers is important for both legal and financial reasons, as it affects issues such as tax obligations, employment benefits, and legal responsibilities.
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