Regulation and Governance of Municipally-Owned Corporations in Ontario

ebook ∣ Volume 1

By Ron Clark

cover image of Regulation and Governance of Municipally-Owned Corporations in Ontario

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Format

ebook

Author

Ron Clark

Publisher

LexisNexis

Release

05 February 2021

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Subjects

Corporate Law Government Law Ontario Municipal Law

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Unlike other private sector business corporations, municipally-owned corporations operate at the intersection of public policy and private incentives – often in a very specific legal and regulatory framework. Regulation and Governance of Municipally-Owned Corporations in Ontario focuses on two types of corporations – municipal services corporations and electricity distribution corporations and their affiliates – and deals with issues related to their ownership structures and governance processes.

A novel perspective

The only published text of its kind in Canada, Regulation and Governance of Municipally-Owned Corporations in Ontario offers practical guidance and insight into the governance challenges that these unique organizations face and covers a broad range of topics:

  • The creation, wind-up and dissolution of corporations owned by municipalities
  • The various principles of governance for publicly owned corporations
  • The purposes and restrictions on activities of municipal services corporations and local distribution companies (LDCs)
  • The various shareholder control and accountability mechanisms, such as municipal by-law powers, shareholder directions and shareholder agreements, and constating documents
  • The role of the directors, including their powers and duties, liabilities, due diligence, conflicts of interest from the corporate law, municipal law and procurement law perspectives, policies and procedures of boards of governance, human rights policies and workplace harassment policies
  • Shareholders' meetings in the context of municipally-owned corporations as well as the purpose and methods of conducting those meetings
  • Confidentiality and disclosure issues related to corporations owned by municipalities
  • Corporate finance and eligible investments
  • Tax considerations related to municipally-owned corporations

    • Format

    ebook

    Author

    Ron Clark

    Publisher

    LexisNexis

    Release

    05 February 2021

    Share

    Subjects

    Corporate Law Government Law Ontario Municipal Law
    Regulation and Governance of Municipally-Owned Corporations in Ontario