Director and officer liability in Canada

In Canada, directors and officers of corporations may be subject to personal liability while acting within their corporate capacity. Such personal liability ensures that directors are accountable both to the company and to certain third parties, as well as being responsible for the failure of a corporation to meet its legal obligations.

More in this section:

  • Director liability
  • Officer liability
  • Shareholder, stakeholder and regulatory remedies
  • Risk management
  • Defences

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