Revive Dissolved Medical Corporation

Summary#

This is a private bill to bring back a dissolved company called P. Gregor Medicine Professional Corporation. It was dissolved in 2024, and the owner wants it revived to deal with property still in the company’s name.

• Revives the corporation as if it had not been dissolved.
• Restores its property, rights, and privileges, and also its debts and other obligations.
• Protects other people’s rights gained after the dissolution; those are not undone.
• Takes effect once it receives Royal Assent.

What it means for you#

• Patients or clients

  • No direct change to your care or services.
  • If you have records, bills, or agreements with the corporation, it is now an active legal entity again.

• Owner and company officers

  • Can manage, transfer, or sell property that was stuck in the company’s name when it was dissolved.
  • Can resume normal corporate activities allowed under Ontario law.
  • Must also deal with any revived debts, contracts, or other obligations.

• Creditors, vendors, and landlords

  • Can pursue claims against the corporation as if it had not been dissolved.
  • Contracts with the company are recognized again, subject to anyone else’s rights gained after dissolution.

• Third parties who gained rights after the dissolution

  • Your rights are preserved. The revival does not take away rights you legally acquired after the company was dissolved.

• General public and taxpayers

  • No broad impact on services, taxes, or programs.

Expenses#

Estimated government cost: negligible.

• No new programs, benefits, or tax changes.
• Costs are limited to routine legislative and administrative processing.
• Any legal or accounting costs related to the corporation are private, not public.

Proponents' View#

• Lets the owner properly handle property still in the company’s name.
• Restores the company so it can meet its duties, pay any debts, and sort out contracts the right way.
• Protects other people by keeping any rights they gained after the company was dissolved.
• A routine, narrow fix with no meaningful cost to taxpayers and no wider policy change.

Opponents' View#

• Some may question using legislative time for a private corporate matter.
• Revival could cause short-term confusion for people who thought the company no longer existed.
• Bringing back all past obligations may reopen old disputes, which can be disruptive for some parties.