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  1. Canada Business Corporations Act - R.S.C., 1985, c. C-44 (Section 237.3)
    Marginal note:Degree of responsibility
    •  (1) Subject to this section and sections 237.4 to 237.6, every defendant or third party who has been found responsible for a financial loss is liable to the plaintiff only for the portion of the damages that corresponds to their degree of responsibility for the loss.

    • Marginal note:Uncollectable amounts

      (2) If any part of the damages awarded against a responsible defendant or third party is uncollectable, the court may, on the application of the plaintiff, reallocate that amount to the other responsible defendants or third parties, if the application is made within one year after the date that the judgment was made enforceable.

    • Marginal note:Reallocation

      (3) The amount that may be reallocated to each of the other responsible defendants or third parties under subsection (2) is calculated by multiplying the uncollectable amount by the percentage that corresponds to the degree of responsibility of that defendant or third party for the total financial loss.

    • Marginal note:Maximum amount

      (4) The maximum amount determined under subsection (3), in respect of any responsible defendant or third party, may not be more than fifty per cent of the amount originally awarded against that responsible defendant or third party.

    [...]


  2. Canada Business Corporations Act - R.S.C., 1985, c. C-44 (Section 237.4)
    Marginal note:Exception — fraud
    •  (1) The plaintiff may recover the whole amount of the damages awarded by the court from any defendant or third party who has been held responsible for a financial loss if it was established that the defendant or third party acted fraudulently or dishonestly.

    • Marginal note:Contribution

      (2) The defendant or third party referred to in subsection (1) is entitled to claim contribution from any other defendant or third party who is held responsible for the loss.

    [...]


  3. Canada Business Corporations Act - R.S.C., 1985, c. C-44 (Section 77)
    Marginal note:Assurance that endorsement effective
    • [...]

    • Marginal note:Definition of guarantee of the signature

      (2) For the purposes of subsection (1), a guarantee of the signature means a guarantee signed by or on behalf of a person reasonably believed by the issuer to be responsible.

    • Marginal note:Standards

      (3) An issuer may adopt reasonable standards to determine responsible persons for the purpose of subsection (2).

    [...]


  4. Canada Business Corporations Act - R.S.C., 1985, c. C-44 (Section 21.302)
    Marginal note:Provision of information by Director

     The Director may provide all or part of the information received under section 21.21 to a provincial corporate registry or a provincial government department or agency that is responsible for corporate law in that province.

    [...]


  5. Canada Business Corporations Act - R.S.C., 1985, c. C-44 (Section 237)
    Marginal note:Inquiries
    • [...]

    • Marginal note:Response

      (2) A person shall respond to any inquiry made under subsection (1).

    [...]



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