What is happening?
The Canada Revenue Agency (CRA) has announced that it will no longer collect annual return information on behalf of the Ontario Ministry of Government and Consumer Services.
What forms are impacted?
The change applies as of May 15, 2021, and impacts the following forms:
-Schedules 546 and 547, Corporations Information Act Annual Return for Ontario Corporations, in ProFile T2
-Schedule 548, Corporations Information Act Annual Return for Foreign Business Corporations, in ProFile T2
Where can I get more information?
Review updated details on filing an Ontario corporation annual return at ontario.ca/businessregistry.