Canada Articles of Amalgamation
Amalgamation is a process by which two or more corporations governed by Provincial or Federal Business Corporations Act, the "amalgamating corporations," merge and carry on as one corporation, the "amalgamated corporation".
An amalgamation permits two or more corporations, including holding or subsidiary corporations, to be combined into one corporation with all the assets and liabilities of the amalgamating corporations.
All of the corporations to be amalgamated must be governed by the same statute. For example a CBCA corporation cannot amalgamate with an OBCA corporation or a corporation under the laws of another province or a jurisdiction outside of Canada. One of the corporations would need to be continued under the other statute as a pre-condition to the amalgamation.
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