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ARTICLE · 22 MAY 2025

Directors' Liability: Legislative Amendments Since 2022

BCF Business Law
BCF Business Law
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BCF Business Law

BCF Business Law

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Company directors' liability varies from year to year, as new provisions are added, withdrawn or amended. In light of this fact, we would like to call attention...

CanadaCorporate/Commercial Law

Company directors' liability varies from year to year, as new provisions are added, withdrawn or amended. In light of this fact, we would like to call attention to the major legislative changes that have occurred since 2022, both in Québec and at the federal level.

Environmental Protection

In Québec

The Act respecting certain measures enabling the enforcement of environmental and dam safety legislation and the Act ending exploration for petroleum and underground reservoirs and production of petroleum and brine place new environmental restrictions on companies operating in Québec. Accordingly, if a corporation commits an offence, the directors are deemed to have committed it as well and, as a result, may face a fine of between $1,000 and $1,000,000 and/or imprisonment for up to three years.

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