u/No_Chipmunk152

My family member (sibling, over 18) lives with me, is listed on my TD car insurance, and drives my car. They would like to move out to a nearby address in the same city and want to take the car with them.

I'd like to keep the car under my policy and keep them as a listed driver. My main questions:

1. Can I stay as the named insured if the car is primarily kept at their address?

2. Can my sibling stay on my insurance or do they need to get their own?

Has anyone dealt with a similar situation? Any advice before I call my insurer?

Throwaway for privacy.

I was a director and officer of an Ontario company incorporated federally under the CBCA. I resigned over 12 years ago.

  My documentation is solid:

  - Signed resignation letter (director and officer) dated 12 years ago

  - Directors' Resolutions acknowledging my resignation, same date

  - Shareholders' Resolution accepting my resignation and reducing the board, same date

  - CBCA Form 6 filed with Industry Canada confirming my end date as director, same date

The company recently went through CCAA insolvency proceedings in Ontario. A court-approved sale has now been completed, with certain entities being wound into bankruptcy to absorb excluded liabilities. There is a significant CRA lien against the company - almost $10M.

The issue: I logged into CRA My Account and the company's tax account appeared last week — something I've never seen before. No letter or notice received from CRA.

I have no involvement with the company or own any shares. I didn't know what was happening with the Company until I logged into my CRA account to see the tax account appear for a business account. I can confirm I was not listed as a Director for the recent years as far as I can tell.

 I'm aware of the 2-year limitation period under s.227.1(4) ITA, which should protect me given the 11-year gap.... I think.

Has anyone been through something similar? Does CRA account visibility appearing after a completed insolvency typically signal they're investigating director liability? If so, what were your next steps?

Throwaway for privacy.

I was a director and officer of an Ontario company incorporated federally under the CBCA. I resigned over 12 years ago.

My documentation is solid:

- Signed resignation letter (director and officer) dated 12 years ago

- Directors' Resolutions acknowledging my resignation, same date

- Shareholders' Resolution accepting my resignation and reducing the board, same date

- CBCA Form 6 filed with Industry Canada confirming my end date as director, same date

The company recently went through CCAA insolvency proceedings in Ontario. A court-approved sale has now been completed, with certain entities being wound into bankruptcy to absorb excluded liabilities. There is a significant CRA lien against the company - almost $10M.

The issue: I logged into CRA My Account and the company's tax account appeared last week — something I've never seen before. No letter or notice received from CRA.

I have no involvement with the company or own any shares. I didn't know what was happening with the Company until I logged into my CRA account to see the tax account appear for a business account. I can confirm I was not listed as a Director for the recent years as far as I can tell.

I'm aware of the 2-year limitation period under s.227.1(4) ITA, which should protect me given the 11-year gap.... I think.

Has anyone been through something similar? Does CRA account visibility appearing after a completed insolvency typically signal they're investigating director liability? If so, what were your next steps?

UPDATE: MAY 11: SOLVED

Called CRA Business line, turns out there was an IT update recently and it was likely a glitch that I could see the tax account. CRA individual was super professional and helpful. They confirmed I was not listed on the corporation so should not have access to the account and walked me through the process to delete business account from my profile so it doesn't show up.

THANKS ALL FOR YOUR RESPONSES!