Monthly Archives: September 2013

For profit, non-profit or something in between: Community Contribution Companies

BC’s Business Corporations Act (the “Act”) recently introduced Community Contribution Companies, or CCCs.  When seeking to incorporate for a purpose that is not purely for-profit or non-profit, it may be worth considering a CCC.

For-profit companies can operate for …

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Personal Property Security Act amended – access to credit made easier for business owners with transferable licences

On September 1, 2012, the Personal Property Security Amendment Act, 2011 (the “Act”) came into force, amending the Personal Property Security Act (“PPSA”). Specifically, by broadening the definition of licences in the PPSA, the Act allows borrowers to use …

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