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Ease of Doing Business in Canada
1. Ease of Doing Business
in Canada
Ray Edwards, Corporations Canada
Corporate Registers Forum
April 8, 2019
2. Canadian context
• In Canada there are multiple stakeholders in corporate law
• Federal, provincial and territorial corporate regulators (14 in total)
• Each jurisdiction responsible for legislative and regulatory
development and implementation
• Canada’s legislation is structured to encourage entrepreneurship,
innovation, investment and competitiveness while protecting the
interest of Canada citizens
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3. Snapshot of incorporation in Canada
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NOT-FOR-PROFIT INCORPORATIONS IN
CANADA BY JURISDICTION
Federal Provincial/Territorial
BUSINESS INCORPORATIONS IN CANADA BY
JURISDICTION
Federal Provincial/Territorial
4. 4
Service to Business ProviderFederal Corporate Regulator
Corporations Canada (CC) is a…
5. Canada ranks 3rd in starting a business
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Ranked
3rd by World
Bank
COST
% income per capita – 0.3%
$200 incorporation fee
TOTAL TIME
Up to 1.5 Days
CAPITAL
Minimum capital - 0$
PROCEDURES
2- File & Register
6. Driving reforms
• World Bank’s Ease of Doing Business Report is a tool to measure how
Canadian innovators and entrepreneurs have simplified access to
tools and support
• Ease of doing business is always top of mind in Canada and central
to any legislative and regulatory reforms
• Canada is making it easier to do business by promoting service for
business excellence
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7. Service for business excellence
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CLIENT CENTRIC
• Know your
client
• Design
services that
address
needs
SERVICE
EXCELLENCE
• Provide
consistent,
quality
service
across
channels
COLLABORATION &
PARTNERSHIP
DIGITAL BY DESIGN
EFFECTIVENESS &
EFFICIENCY
• Business
number as
single identifier
• Connecting
Canada’s
registries
• Open
government
• Increase
online
offerings
• Reduce
unnecessary
burden
• Make
services fast,
easy,
8. Final considerations for benchmarking
• International benchmarking of regulations continues to
play a role in providing an overview of bottlenecks or
challenges that hinder business creation and economic
development
• Canada’s mission to build a fair, efficient and
competitive marketplace drives policy
• By better serving business, Canada is improving the
ease of doing business
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