What is a Canadian business license?

Generally speaking, a business license is an official document issued by the government that allows you to conduct business in Canada. There are different licensing requirements at different levels of government, so you need to make sure to comply with all permits, licenses, and regulations at a federal, provincial, territorial, and municipal level. In addition to location-specific requirements for business licensing, the regulatory requirements for your business will vary depending on factors like your industry sector and business structure.

Why do you need a business license to start a business in Canada?

If you don’t obtain the proper licensing for your business, you could get in real trouble: your business may be fined or even forced to shut down. Plus, your reputation may take a hit when consumers find out you aren’t running your business with the level of professionalism they expect.