Starting on January 22, 2024, federal businesses incorporated under the Canada Business Corporations Act (CBCA) will be required to file information on individuals with significant control (ISC).
Bill C-42, which will make some of the ISC information available to the public, will also be coming into force on January 22, 2024.
The ISC information that will be made public on our website is the following:
- full legal name
- residential address (will be made public if no address for service is provided)
- address for service (if one is provided)
- date the individual became an ISC and ceased to be an ISC, as applicable
- description of the ISC's significant control
Law enforcement agencies and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) will have access to all of the filed ISC information whether or not the information is made public.
Learn more on ISC information filing.