Canadian company formation involves several key steps. First, choose a unique business name and conduct a name search through the NUANS database to ensure it is not already in use. Next, draft the Articles of Incorporation, outlining the company's structure, including its share classes, restrictions, and any special provisions. Submit the Articles along with the required fees to the appropriate provincial or federal government authority, depending on whether you want to operate nationwide or within a specific province. Additionally, appoint the initial directors, open a bank account in Canada, and obtain a registered office address. After incorporation, you must register for a business number and any necessary tax accounts with the Canada Revenue Agency. Compliance with ongoing regulatory requirements, such as annual returns and financial statements, is crucial to maintaining your corporation's good standing. Engaging with a legal or business consultant can simplify this process and ensure all legal obligations are met.