Perspectives on Professional Corporations Statutes Amendment Act01-Jan-10
"Many physicians are licensed and carry on their practices through professional corporations.
Until recent proposed amendments to the Medical Profession Act, the only shareholder of a professional
corporation could be a registered practitioner – that is, a physician. Similar amendments will be made
to the Health Professions Act that will impact physicians once Schedule 21 to the act is proclaimed, expected to
be early 2010."