Can a person own more than one corporation in Canada?


1

If someone already owns a corporation, can he create and run another one at the same time?

Incorporation Canada

asked Jul 28 '12 at 14:43
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Dave
34 points

1 Answer


3

Yes, of course. This is like asking "Can a person own shares in more than one company?", and the stock market wouldn't function very well if the answer was no.

answered Jul 28 '12 at 15:00
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Mike Scott
691 points
  • thank you. this question, though obvious to many, is not so obvious to me as i am fairly new to the business side of a startup – Dave 6 years ago
  • I don't think Mike was admonishing your question. I think he was just pointing out the logic of his answer. (Also, considering Canada's seemingly antagonistic attitude towards wealth and entrepreneurship...I wouldn't be surprised if the answer had gone the other way. And I say this as a born Canadian.) – Richard 6 years ago
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Incorporation Canada