The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 6 Mar 1929, p. 4

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O e e t Padues lay. my & ¢4 --_ . __ _ "pyr . * s Ontario Firms Given Wide Field _ # & * By New Reciprocal Legislation Legislation which Attorney--General Price introduced to the Legislature yesterday, under the title of "An Amendment to the Extra--Provincial Corporations Act," 1§ a small package with possibly far--reaching effects, in-- asmuch as it would provide an Ontario--incorporated joint stock company with the same field of operation as it might enjoy under a Dominion charter. , The bill is a new step in the Ferguson G(,)\'Cl:l]lT)Cni,'S policy of reciprocal legislation. At the present time this Province has reciprocal legislation with the other Prov-- inces in several fields, including succession g'lutics. "Now," said the Attorney--General yesterday, in ex-- plaining the new measure, "we are saying to the other Provinces : 'Any time you incorporate a company we are willing to let that company operate in Ontario as long as you extend the same privilege in your Provinces to com-- panies that incorporate with us.'" J 3 Th

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