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Corporations Canada is Canada's federal corporate regulator, operating under Innovation, Science and Economic Development Canada. It is responsible for administering laws regarding the incorporation of Canadian businesses as well as "corporate laws governing federal companies, except for financial intermediaries ."
The Companies' Creditors Arrangement Act [1] (CCAA; French: Loi sur les arrangements avec les créanciers des compagnies) is a statute of the Parliament of Canada that allows insolvent corporations owing their creditors in excess of $5 million to restructure their businesses and financial affairs.
Many federal public sector workers in Canada are represented by the Public Service Alliance of Canada (PSAC) trade union, the largest federal public sector union.. In the 1984 Canadian federal election, the Progressive Conservative Party of Canada led by Brian Mulroney won a majority in the federal House of Commons, and would be re-elected with a second majority in 1988.
In such cases an application is made to the registrar of companies, who may strike off the company if there is reasonable cause to believe that the company is not carrying on business or has been wound-up and, after enquiry, no case is shown why the company should not be struck off. [23] [24]
The Royal Canadian Mounted Police were deployed to protect the mining companies from striking coal miners, and gave the mining companies permission to hire goon squads to break the strike. On 11 August through 1 September, goon squads were paid $10/day (the equivalent of $150 today) and given free alcohol in return for suppressing the strike.
It provides the basic corporate governance framework for many small and medium-sized Canadian enterprises as well as many of the largest corporations operating in Canada. Nearly 235,000 companies are incorporated under the Act, including over 700 distributing or publicly held corporations.
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PSAC strikers outside a CRA office in Surrey, British Columbia. On April 7, the CRA bargaining group voted to enter a legal strike position. [21] On April 12, the national president of PSAC, Chris Aylward, announced that the Treasury Board bargaining unit had voted overwhelmingly in favour of entering into a legal strike position, thus granting the group a 60-day window to initiate a labour ...