Document background
Company Minutes are essential corporate governance documents required under Canadian law for documenting formal meetings of corporations. These minutes serve as the official record of proceedings, decisions, and resolutions made during board meetings, shareholder meetings, or committee meetings. The content and maintenance of Company Minutes are governed by the Canada Business Corporations Act (CBCA) for federally incorporated companies, or relevant provincial corporate legislation for provincially incorporated entities. They must include specific information such as meeting date, attendance, quorum confirmation, and formal resolutions, and are crucial for maintaining corporate transparency, providing evidence of decision-making, and ensuring compliance with legal and regulatory requirements. These documents are particularly important during regulatory audits, legal proceedings, or when historical corporate decisions need to be referenced.
