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C-38 - Companies Act
Section 227.16
Disposition versions
227.16. Whoever contravenes paragraph 1 of section 227.8, section 227.9 or section 227.14 commits an offence and is liable to a fine of not less than $2,500 nor more than $10,000. The fines are doubled for a subsequent offence.
On a finding of guilty, a judge may, in addition to imposing any other penalty and on an application by the prosecutor filed with the statement of offence, impose an additional fine equal to the value of the property involved in the offence, even if the maximum fine under the first paragraph has been imposed on the offender.
