PREPARING A MINUTE BOOK
In order to efficiently and effectively run your corporation, it is necessary to keep an updated minute book. Depending on the jurisdiction of your corporation, you may be required to have a minute book either under the Ontario Business Corporations Act or the Canada Business Corporations Act.
1. What is a minute book?
A minute book serves as a record of the corporation's activities, and it typically includes all the documents that form the corporation, and all the documents and records that reflect the company's transactions and dealings.