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Adam Oldfield, President of FPM3 and Vacuum and Furnace and Duct Cleaning, discusses Ontario incorporation updates. Previously, federal partners handled tax filings and updates for incorporations. However, the province now requires Ontario incorporations to register and file annual returns. This change is important for small businesses, especially coming out of COVID-19. If you're incorporated in Ontario, ensure you understand and comply with these new requirements to avoid any issues in the future.
