Corporate/Business - ESC Corporate Services Ltd.

Ontario PPSA Registration Guide for Lenders in respect of Consumer Goods affixed to Real Property

With the The Homeowner Protection Act (“HPA”) coming into force on June 6, 2024, the practice of registering Notice of Security Interests (“NOSIs”) against consumer goods in the Ontario Land Registry has been restricted in respect of consumer goods for personal use. As a result, lenders must resort to other means of securitization for these […]

Changes to Ontario NOSIs – June 6, 2024

Changes to Ontario NOSIs The Government of Ontario passed the Homeowner Protection Act, 2024 (the “Act”), on June 6, 2024. The Act made two significant changes to the registration and enforcement of Notices of Security Interests (“NOSIs”) in Ontario: A NOSI can no longer be registered where the collateral being secured are consumer goods. Section […]

Bill C-96: ESC’s

Bill 96 has received assent and officially become law in the province of Quebec as of June 1, 2022. Bill 96 includes the requirement to register securities in French at the RDPRM. The focus of this ESC communication is around the impacts on the Personal Property Security Act (PPSA) registration submitted to the RDPRM. The bill […]

ESC Launches Registry Complete

The NEW! Registry Complete platform brings together advancement in technology and exceptional user experience. Our customers have been instrumental in developing the new UI. We have taken your feedback and developed a platform, Registry Complete, that will take you to new heights in efficiency and performance. Thanks to simple and consistent forms, users can effectively […]

ESC Launches NEW! Service for Canadian SMB’s.

NEW! Minute Book Tab: Individuals with Significant Control

ESC has also added a tab within minute books. Starting on June 13th 2019, any Federal Minute Book ordered will have a tab names “Individuals with Significant Control”. This tab is also available in French. To order a batch of this new tabs for your existing minute books, you can reach to us at [email protected].

Bill C-86: ESC’s Attestanet Supports Law Firms

As part of a global initiative to combat money laundering, terrorist financing and tax evasion, the Canada Business Corporations Act will be amended as of June 13, 2019 by Bill C -86. From that date, corporations under federal jurisdiction (with the exception of certain categories) will be required to maintain a register of individuals with significant […]