Skip to main content
Back to Bills
OntarioDid not become law (session ended)43rd Parliament, 1st Session

Bill PR25 explained in plain English

Superior Corporate Services Limited Act, 2023

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
43rd Parliament, 1st Session
Bill number
Bill PR25
Full title
Superior Corporate Services Limited Act, 2023
Current status
Did not become law (session ended)
Latest event
Report adopted
Last updated
May 30, 2023

Official Legislative Assembly of Ontario snapshot for 43rd Parliament, 1st Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.

Chamber
Legislative Assembly of Ontario
Current Stage
Report adopted
Latest Activity
May 30, 2023
Plain-language explanation
In plain English (our explanation)

Our plain-language take, written for civic education.

Source: By PoliticalData.ca

AI-assisted, reviewed before publishing
Short Version

Bill PR25 revives Superior Corporate Services Limited, a corporation dissolved in 1989, and establishes that it must indemnify the Crown for any losses related to the disposition of its property during the dissolution period.

What It Means

Bill PR25 is a private bill that brings Superior Corporate Services Limited back to life as a legal entity. The corporation was dissolved in 1989 for not complying with tax requirements under the Corporations Tax Act. Mary Kathleen Young, who is the executor and trustee of the estate of the corporation's former owner and sole shareholder Bruce Malcolm Young, asked the Ontario legislature to revive the corporation so she can take legal action on its behalf. When the corporation is revived, it will be restored to the same legal position it had when it was dissolved in 1989, including all its debts, contracts, liabilities, and obligations. However, any property, rights, privileges, or franchises that the Crown (the government) obtained when the corporation was dissolved will remain with the Crown, unless they can be recovered under other laws like the Forfeited Corporate Property Act, 2015, the Escheats Act, 2015, or the Mining Act, or by order of the Ontario Superior Court of Justice. The revived corporation must indemnify (compensate) the Crown and any government officers, employees, or agents for any damages, costs, or losses resulting from any legal proceeding or claim related to how the government or others dealt with the corporation's property, rights, privileges, or franchises during the time the corporation was dissolved. A court can review and modify or terminate this indemnity requirement if it sees fit. The Act comes into force immediately upon Royal Assent.

What This Bill Does
  • Revives Superior Corporate Services Limited as a legal entity
  • Restores the corporation to its legal position as of January 31, 1989 (the date of dissolution), including all its debts, contracts, liabilities, and disabilities
  • Confirms that property, rights, privileges, or franchises acquired by the Crown during the dissolution period remain with the Crown unless recovered through other legal processes or court order
  • Requires the revived corporation to indemnify (compensate) the Crown, government officers, employees, and agents for damages, costs, or losses from proceedings or claims related to the disposition of the corporation's property during dissolution
  • Gives courts the power to review, approve, void, terminate, or modify the indemnity on terms the court considers just
  • Provides that the Act comes into force on Royal Assent
Who Is Affected
  • Superior Corporate Services Limited — the corporation being revived
  • Mary Kathleen Young — the executor and trustee of the estate of the corporation's former owner and sole shareholder, who applied for the revival
  • The Crown (Ontario government) — entitled to indemnification for losses related to property dispositions during dissolution
  • Government officers, employees, and agents — entitled to indemnification along with the Crown
  • The Public Guardian and Trustee — explicitly mentioned as entitled to indemnification
  • Persons who acquired property, rights, privileges, or franchises from the corporation after its dissolution — their acquisitions are protected
  • The Ontario Superior Court of Justice — given authority to review and modify indemnity arrangements
Rights, Duties, Or Obligations
  • Superior Corporate Services Limited must indemnify the Crown for damages, costs, or other losses incurred as a direct or indirect result of any proceeding or claim relating to the disposition of the corporation's property, rights, privileges, or franchises during dissolution
  • The Crown may seek indemnification from the revived corporation for losses from any proceeding or claim commencing or arising before or after the revival
  • The Ontario Superior Court of Justice has the right to review the indemnity and can approve, void, terminate, or modify it on terms it considers just
  • The Crown retains ownership of property, rights, privileges, or franchises that forfeited to it during dissolution, except where other laws allow recovery or courts order otherwise
  • Persons who acquired property from the corporation after dissolution retain their acquisitions
Important Dates
  • January 31, 1989 — the date Superior Corporate Services Limited was originally dissolved
  • Royal Assent date (2023) — when the Act comes into force
Uncertainties Or Limits
  • The bill text does not specify the exact date Royal Assent was granted in 2023
  • The bill does not detail what specific proceedings or claims relating to property disposition might arise, or their likelihood
  • The bill does not specify what property, rights, privileges, or franchises were actually forfeited to the Crown or acquired by third parties during the 1989-2023 dissolution period
  • The scope and amount of potential indemnification owed to the Crown is not specified in the bill
  • The bill does not describe the specific legal action Mary Kathleen Young intends to bring on behalf of the corporation
Laws Or Regulations Affected
Business Corporations Act
referenced

The bill references that Superior Corporate Services Limited was dissolved under this Act on January 31, 1989

Source: Preamble

Corporations Tax Act
referenced

The bill references that the corporation was dissolved for failure to comply with this Act

Source: Preamble

Forfeited Corporate Property Act, 2015
referenced

Property and rights forfeited to the Crown may be recovered under this Act

Source: Section 1

Escheats Act, 2015
referenced

Property and rights forfeited to the Crown may be recovered under this Act

Source: Section 1

Mining Act
referenced

Property and rights forfeited to the Crown may be recovered under this Act in mining-related matters

Source: Section 1

Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.

Official text

Process Snapshot

Step 1
First reading
May 30, 2023
Step 2
Second reading
Not reached yet
Step 3
Committee review
May 30, 2023
Step 4
Third reading
Not reached yet
Step 5
Royal assent
Not reached yet

Vote Summary

No published recorded division

This bill is still active. We only show vote counts after the legislature publishes a recorded division.

Sponsor
John Fraser
Ontario Liberal Party | Ottawa South
Jurisdiction
Ontario Legislature

No published representative vote breakdown

This bill is still moving through the process. When a recorded division is published, representative positions can be listed here.

Official sources

Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.

How this data is sourced