Document background
Consent Minutes are utilized in Canadian corporate governance when formal decisions need to be made without convening a physical meeting of stakeholders. This document type is recognized under both federal and provincial corporate legislation as a valid alternative to in-person meetings, provided certain requirements are met. The minutes must clearly identify the corporation, document the decisions being made, and include signatures or acknowledgments from the required number of authorized parties. Consent Minutes are particularly useful for time-sensitive matters, geographically dispersed stakeholders, or routine corporate actions where gathering all parties physically would be impractical. They must be maintained as part of the corporate records and may need to be filed with regulatory authorities depending on the nature of the resolutions.
