Document background
The Director Consent Letter is a crucial governance document required whenever a new director is appointed to a corporation's board in Canada. This document serves multiple purposes: it provides evidence of the director's explicit consent to serve, confirms their qualification under applicable laws, and creates a record of their acknowledgment of duties and responsibilities. The letter must comply with requirements set forth in the Canada Business Corporations Act (CBCA) for federally incorporated companies or relevant provincial corporate legislation. It is typically prepared when a director is newly appointed, whether through shareholder election, board appointment to fill a vacancy, or during the initial incorporation of a company. The document becomes part of the corporate records and may be required for regulatory filings, annual returns, or during corporate transactions.
