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On June 13, 2019, important changes are coming to the record keeping requirements applicable to private corporations incorporated pursuant to the Canada Business Corporations Act (the "CBCA"). In an attempt to provide greater transparency over who owns and controls a corporation, and to assist law enforcement agencies in exposing activities like money laundering and tax evasion, all corporations incorporated under the CBCA, with the exception of some distributing corporations, will be required to create and maintain a new type of register in addition to the registers federal corporations currently maintain for shareholders and directors.