resident Canadian definition

resident Canadian means an individual who is:
resident Canadian means a Canadian citizen ordinarily resident in Canada or as otherwise defined in the Act;
resident Canadian means an individual who is a resident of Canada for purposes of the Tax Act;

Examples of resident Canadian in a sentence

  • A majority of the directors shall be resident Canadians, provided that if the Corporation has only one or two directors, that director or one of the two directors, as the case may be, shall be a resident Canadian.

  • The Board may from time to time appoint a managing director who shall be a resident Canadian and director.

  • Subject to the Act, at least 25 per cent of the Directors shall be resident Canadians, or if the number of Directors is fewer than four, at least one Director shall be a resident Canadian.

  • In accordance with subsection 114(4) of the Act and notwithstanding the above, the directors may conduct business, even in the absence of a majority of resident Canadians, if, among the directors not in attendance, one (1) resident Canadian approves the proceedings in writing, by telephone or by any other means of communication and where the attendance of such director would have enabled the meeting to attain the requisite Canadian majority.

  • The directors may appoint a resident Canadian among them to act as General Manager.


More Definitions of resident Canadian

resident Canadian means an individual (including a trust) or corporation who is a resident of Canada for purposes of the Tax Act, or a partnership that is a “Canadian partnership” for purposes of the Tax Act;
resident Canadian means an individual who is a resident of Canada for purposes of the Income Tax Act (Canada);
resident Canadian means an individual who is ordinarily resident in Canada or, if not ordinarily resident in Canada, is a member of a class of persons prescribed by Regulations and, in any case:
resident Canadian means a resident in Canada for purposes of the Tax Act. “SEC” means the United States Securities and Exchange Commission.
resident Canadian means a Person who is a resident of Canada for purposes of the Tax Act;
resident Canadian means a resident in Canada for purposes of the Tax Act.
resident Canadian means an individual who is a resident, or is deemed to be a resident, of Canada for purposes of the Tax Act;