Good Advice For Corporate Directors

Corporate directors often do not realize they are liable for the acts and omissions of the corporation under a variety of laws, including the Income Tax Act.  In some cases, it's possible to reduce or eliminate liability through indemnities of the corporation or through insurance. However, a director’s best defence is to perform due diligence. 

In a recent edition of its online newsletter, “News Flash”, BDO Dunwoody addressed issues of liability and due diligence for corporate directors.

BDO’s article may be viewed at:
http://www.bizactions.com/index.cfm/ba/e100/fa/56858264G627J357168P77P3949T1/