In response to the state of emergency declared by the Government
of Ontario on March 17, 2020, on March 30, 2020, the Ministry of
Government and Consumer Services passed Ontario Regulation 107/20
(the "Order"), an emergency order under
the Emergency Management and Civil Protection Act to
assist corporations with fulfilling the legislative requirements
around corporate meetings while adhering to physical distancing and
self-isolation mandates. The Order temporarily suspends the
operation of certain provisions of the Ontario Corporations
Act and Business Corporations Act to provide
flexibility in how and when corporate meetings can be held and is
retroactive to March 17, 2020. The Order affects the operation of
corporate meetings for business corporations, not-for-profit
corporations, insurers, and share capital social clubs governed by
the Corporations Act or the Business Corporations
Act of Ontario.
