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John G. Bassindale & Shahrukh Khowaja

John G. Bassindale & Shahrukh Khowaja

John G. Bassindale & Shahrukh Khowaja has not set their biography yet

The Government of Ontario has now made a long-hoped for change to the Ontario Business Corporations Act (“OBCA”) removing the director residency requirement effective July 5, 2021.

This means that corporations incorporated or continued into Ontario no longer need to have any Canadian resident directors and will help put Ontario on a level playing field with provinces like British Columbia which have been without a director residency requirement for nearly two decades!

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