Open AccessCompeting with Ourselves: Supply-side Competition for Corporate Charters in Canada
Author(s) -
Glenford Jameson
Publication year - 2013
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr78
Subject(s) - corporate law , competition (biology) , politics , business , corporate governance , corporate group , competition law , market economy , accounting , economics , law , law and economics , finance , political science , ecology , biology , monopoly
This article considers the Canadian interjurisdictional corporate law framework and assesses whether, from a supply side, there is a competitive market for corporate charters in Canada. The article considers two opposing views on whether Canadian corporate law jurisdictions compete with each other and discusses political, legal, and institutional barriers to competitive corporate law production in Canada. Corporate law reform in Quebec, specifically the development of the Quebec Business Corporations Act, is examined as an example of how barriers to corporate competition can be overcome.