Incorporating in Canada: Federal vs. Provincial – What’s the Difference?
When incorporating a business in Canada, one of the first questions you’ll face is: Should I incorporate federally or provincially? While both structures provide strong legal protections under the Canada Business Corporations Act (CBCA) or your province’s equivalent (such as Ontario’s OBCA), there are important differences that can impact your business’s legal name, expansion plans, privacy, and compliance obligations.
In this guide, we’ll compare federal vs. provincial incorporation in Canada, highlighting the pros and cons of each option to help you make an informed choice.
1. Business...