- Corporation (Federal or Provincial/Territorial)
- Federal – Businesses can incorporate at the federal level. Federal incorporation is typically chosen by companies with operations and interests that span multiple provinces and territories or those looking for a national presence.
- Provincial/Territorial – Businesses can also incorporate at the provincial or territorial level, following the specific laws of the jurisdiction in which they operate. Each province and territory in Canada has its own set of corporate statutes
- Sole proprietorship or partnership
- Sole Proprietorship – A sole proprietorship is the simplest and most straightforward form of business structure. It is owned and operated by a single individual, also known as the sole proprietor.
- Partnership – A partnership is a business structure where two or more individuals or entities join together to operate a business. Partnerships can take different forms, such as general partnerships or limited partnerships.
- Cooperative
Cooperative businesses are organizations owned and controlled by their members, who pool their resources, share risks and benefits, and make decisions collectively. Cooperative business models are a testament to the power of collaboration, inclusivity, and shared ownership in achieving economic and social progress.
