Every
corporation, whether incorporated federally or provincially, has articles of incorporation, a
document prepared by the people creating the
corporation.
The articles of incorporation document sets out the
structure and purpose of the corporation, and
specifies rules that the corporation must follow
regarding issuing or transferring shares, electing
officers, conducting general meetings, voting of
members, borrowing funds, paying dividends,
and other corporate functions.
For a federal incorporation, the Articles of
Incorporation are filed with Corporations
Canada. For a provincial incorporation, the Articles are filed
with the applicable provincial government ministry.