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Revive Dissolved Medical Corporation

Full Title:
Bill PR29, P. Gregor Medicine Professional Corporation Act, 2026

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.