British Columbia’s New Benefit Company Legislation

British Columbia recently became the first Canadian province to allow the establishment of benefit companies. Businesses can now apply to become a benefit company under the BC Business Corporations Act (the “Act”). What is a benefit company? Maryland was the first state to allow the creation of benefit companies under law. Since then, 36 US [...]

Government Support Programs for Canadian Businesses During COVID-19

The Segev team is wishing you well during these challenging times.  We are working remotely, but we are still at work. We've compiled a list of Canadian Government relief and assistance programs available that we'd like to share with you (and please feel free to share with others!). The following measures have been announced, though many [...]

By |2020-06-03T08:37:20-07:00March 19th, 2020|Announcement, Blog|

BC Transparency Register

New Requirements for BC Private Companies Effective May 1, 2020, private companies in British Columbia will be legally required to keep and maintain a transparency register containing information about “Significant Individuals”. In summary, Significant Individuals are individuals who have direct or indirect control of a private company or a significant number of its shares. Significant [...]