As of January 22, 2024, federal businesses incorporated under the Canada Business Corporations Act (CBCA) are required to file information on individuals with significant control (ISC).
Businesses will need to file ISC information with Corporations Canada:
- at the same time as their annual return
- within 15 days of any change made in their ISC register
- upon incorporation
- after amalgamation
- after continuance (import) to the CBCA.
Some of the ISC information will be made available to the public through Corporations Canada's online search. More information will become available as more corporations file their ISC information when their annual return is due over the next year.
A corporation key is mandatory to file an annual return and ISC information
As of January 22, 2024, a corporation key is required for businesses incorporated under the Canada Business Corporations Act (CBCA) to file an annual return and ISC information. This security measure is intended to add a level of protection to our clients' personal and corporate information.