Faculty of Governance

Incorporation generally separates the owner's legal identity from the business, but personal guarantees, director obligations and wrongful conduct can still create personal exposure.

The Privacy Commissioner says businesses subject to PIPEDA should explain the recording and its purpose and obtain appropriate consent. Recording law and commercial privacy law answer different questions.

Ownership percentages don't explain how shareholders will handle deadlocks, exits, financing and governance. A thoughtfully drafted agreement clarifies those choices before relationships deteriorate.

Small Canadian businesses aren't automatically exempt from PIPEDA. The work is knowing which privacy law applies, where information travels and what customers have actually been told.