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ARTICLE · 08 MAY 2020

Emergency Order Provides Interim Flexibility For Corporations' Meeting Requirements

On March 31, 2020, the government of Ontario issued an emergency order pursuant to the Emergency Management and Civil Protection Act in response to the province's Declaration of Emergency.

CanadaCorporate/Commercial Law

On March 31, 2020, the government of Ontario issued an emergency order pursuant to the Emergency Management and Civil Protection Act in response to the province's Declaration of Emergency. The emergency order is welcomed amongst many Ontario corporations seeking flexibility in connection with the meeting requirements prescribed by governing statute or its constating documents. In particular, the emergency order provides for additional (albeit temporary) flexibility to directors and shareholders wishing to, or needing to, meet virtually or electronically during the Covid-19 pandemic.

Corporations Act

Schedule 1 of the emergency order applies to organizations governed by the Corporations Act and provides the following relief in connection with meetings requirements:

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