Competing with Ourselves: Supply-side Competition for Corporate Charters in Canada
AbstractThis article considers the Canadian interjurisdictional corporate law framework and assesses whether, from a supply side, there is a competitive market for corporate charters in Canada. The article considers two opposing views on whether Canadian corporate law jurisdictions compete with each other and discusses political, legal, and institutional barriers to competitive corporate law production in Canada. Corporate law reform in Quebec, specifically the development of the Quebec Business Corporations Act, is examined as an example of how barriers to corporate competition can be overcome.
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