New Brunswick has committed to adopting beneficial ownership, the minister responsible for Service New Brunswick announced Thursday. Mary Wilson revealed the decision after Green Party MLA Kevin ...

That list includes "implementing a publicly accessible beneficial ownership registry by the end of 2023," two years faster than the original federal timeline of the end of 2025.

Dec. 28—The deadline for most companies to file Beneficial Ownership Information reports has been extended to Jan. 13, 2025, by the Financial Crimes Enforcement Network. The original deadline ...

To enhance corporate transparency, the Government of Canada has mandated federal corporations governed by the Canada Business Corporations Act (CBCA) to file their beneficial ownership information ...

The government committed to adopting beneficial ownership in 2020, not long after a CBC News/Radio-Canada investigation, in partnership with the International Consortium of Investigative Journalists ...

Garland et. al. case. This means that for 90% of all legal entities (LLCs, corporations, etc.), there is a January 1, 2025, due date for filing a FinCEN Beneficial Ownership Information Report.

Chong suggested the biggest problem is that the registry is only “as strong as its weakest link,” noting Alberta has not made any moves to create its own registry. And, said Chong, “the problem with ...

Sasha Caldera, campaign director of Beneficial Ownership Transparency at Publish What You Pay Canada, an anti-corruption non-profit, works at his office in downtown Toronto on May 23, 2024.

It should empower Canadians to snitch. Establishing a beneficial ownership registry is a first step in repairing Canada’s reputation for being lax on financial crime.

It appears that FINCEN's Beneficial Ownership Information ("BOI") reporting deadline will be moved to January 1, 2026, at least for companies that were required to file for 2024.

Beneficial ownership is based on who the true owner of the asset is, including for income tax purposes. If you and your wife contributed equally to the original purchase of the stock, Joe, you may ...

OTTAWA - Industry Minister François-Philippe Champagne says federal corporations are now required to file beneficial ownership information with Corporations Canada and that some of this ...