Summary#
Bill PR18 is the 2163694 Ontario Ltd. Act, 2025, a special law that revives one named corporation. Its stated goal is to let the company deal with property that was in its name when it was dissolved. The Act received Royal Assent and took effect on that day; the date of Royal Assent is not provided.
- The corporation is restored to its legal position as of September 19, 2024, when it was dissolved under Ontario’s Business Corporations Act.
- Its property, rights, privileges and franchises are restored, subject to rights anyone acquired after the dissolution.
- Its liabilities, contracts, debts and other legal obligations are also restored, as if the corporation had not been dissolved.
- The preamble says Denise Caron applied for the law and represented that she was the corporation’s sole director and shareholder when it was dissolved.
What it means for you#
- The corporation: 2163694 Ontario Ltd. is revived. The Act does not set up an application or review process; it directly revives this company.
- People or organizations with dealings with the company: The company’s liabilities, contracts and debts are restored. Rights acquired by anyone after the company was dissolved are protected.
- Denise Caron: The preamble records her representation that she was the sole director and shareholder at dissolution. The Act does not separately give her a new right to the company’s property.
- The public: The Act concerns one corporation. It does not create a general revival program or directly change taxes, benefits or public services.
Money#
No cost information is in the available material.
- The Act does not state a public spending amount, fee, or payment.
- The corporation’s debts and other liabilities are restored, but the material gives no amounts.
What is unclear#
- The Act does not identify the property the corporation is intended to deal with.
- It does not explain what steps the corporation must take to deal with that property.
- The date of Royal Assent, when the Act took effect, is not given in the supplied material.
- The Act protects rights acquired after dissolution but does not identify any such rights or explain how disputes about them would be resolved.
Case for#
- The bill appears intended to let the corporation deal with property that was in its name when it was dissolved.
- Restoring the company’s legal position also restores its debts, contracts and other obligations, rather than reviving it only to recover property.
- The Act protects rights that other people acquired after the dissolution.
Case against#
- The Act does not identify the property or explain what the corporation plans to do with it, so the practical effect is unclear.
- The law restores all the company’s listed liabilities and contracts without giving amounts or details. The scale of those obligations is unknown.
- The Act does not describe a process for resolving conflicts between the revived corporation and people whose rights arose after its dissolution.