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A condominium corporation is required to insure the building as well as any furniture, fixtures, etc which belong to the corporation. The corporation must also provide Commercial General Liability insurance coverage to protect against any liability claims against the corporation. Some packages also include Directors and Officers Liability to protect the members of the Condominium Board. We can help you to customize a package to suit the needs of your particular corporation and rental property.
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If you own a business but don't file an annual return, your corporation will eventually be struck from the register. That means that your business or organization will be removed from the Alberta Corporation Registries active record. 
