Consumer, Labour and Financial Services
The Consumer, Labour and Financial Services Division registers and incorporates business enterprises, co-operatives and nonprofit organizations that are formed in the province, and registers all out-of-province companies carrying on business in the province.
Selected business enterprises such as insurance companies, securities dealers, real estate firms, credit unions and other financial institutions in the province are regulated.
All charitable bingos, raffles and similar lotteries are licensed under the Lottery Schemes Order. Consumers are provided with information and assistance in dealing with problems encountered in the marketplace.
Vital Statistics is a provincial registry responsible for the collection, registration, maintenance and dissemination of vital event information which includes births, deaths, stillbirths, adoptions, marriages, divorces and change of name.
A discussion paper has been prepared by the Department of Justice and Public Safety (the Department) in order to facilitate public consultation regarding proposed new legislation consisting of:
· A new Business Corporations Act to replace Part I of the Companies Act; and
· A new Securities Transfer Act based on uniform Canadian securities transfer legislation.
All interested persons are invited to provide written input on the discussion paper and the draft legislation. On request, the Department staff will also arrange meetings with any interested persons.
Draft legislation was initially released for consultation in 2014. Comments were received and reviewed. Subsequently, the Department has developed proposed amended legislation and a second comment period will take place.
Comments should be submitted by September 9th, 2016 to:
Department of Justice and Public Safety
PO Box 2000
Charlottetown PE C1A 7N8
Consultation Draft - Business Corporations Act
Consultation Draft - Securities Transfer Act