Canada Business Corporations Act

Marginal note:Capacity of a corporation

• 15 (1) A corporation has the capacity and, subject to this Act, the rights, powers and privileges of a natural person.

• Marginal note:Idem

  (2) A corporation may carry on business throughout Canada.

• Marginal note:Extra-territorial capacity

  (3) A corporation has the capacity to carry on its business, conduct its affairs and exercise its powers in any jurisdiction outside Canada to the extent that the laws of such jurisdiction permit.