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In this video tutorial, John from Ontario Business Central discusses the necessary steps for dissolving an incorporated business in Ontario. He emphasizes that just as registration is crucial when starting a business, a formal dissolution process must be completed when closing one. This involves filing articles of dissolution and obtaining a certificate of dissolution from the province, which legally marks the end of the business operations and responsibilities. John reassures viewers that they do not have to navigate the dissolution process alone, as Ontario Business Central offers assistance to help ease the transition and allow business owners to focus on other priorities in their lives.