Canadian-simple copyright posture

@@ -11,7 +11,7 @@ bcsc_class: public-disclosure-safe
last_edited: 2026-04-30
editor: pointsav-engineering
cites:
  - ni-51-102
 - ni-51-102
paired_with: canadian-simple-copyright.es.md
---

@@ -66,11 +66,11 @@ The structure has **no inter-company IP flow** while it operates
this way:

- WCP holds IP and, through its employees, creates and uses it
  directly.
 directly.
- Woodfine Management Corp. is genuinely non-operating with
  respect to WCP IP.
 respect to WCP IP.
- "PointSav Digital Systems" is a trade name of WCP, not a
  separate legal person.
 separate legal person.

Canadian Copyright Act § 13(3) is sufficient for vesting. CRA
§ 247 transfer-pricing documentation requirements, which attach
@@ -82,26 +82,26 @@ company use to document.
The posture depends on the following disciplines being kept:

- **Employee-only contributors.** Every IP-creating contributor
  is a bona fide WCP Inc. employee on T4 payroll, performing
  in-scope work under WCP direction. Independent contractors
  retain copyright by default under Canadian law and would
  require separate written assignment under § 13(4). Until
  counsel-drafted contractor IP-assignment templates are in
  place, the posture admits no contractor contributions to
  in-scope work.
 is a bona fide WCP Inc. employee on T4 payroll, performing
 in-scope work under WCP direction. Independent contractors
 retain copyright by default under Canadian law and would
 require separate written assignment under § 13(4). Until
 counsel-drafted contractor IP-assignment templates are in
 place, the posture admits no contractor contributions to
 in-scope work.
- **Woodfine Management Corp. stays non-operating** with
  respect to WCP IP. If Woodfine Management Corp. begins using
  WCP IP to generate revenue, an inter-company licence with
  arm's-length pricing documentation becomes expected.
 respect to WCP IP. If Woodfine Management Corp. begins using
 WCP IP to generate revenue, an inter-company licence with
 arm's-length pricing documentation becomes expected.
- **"PointSav Digital Systems" is a trade name of WCP** under
  BC's Partnership Act until incorporation. A Declaration of
  Trade Name with the BC Registrar should be filed if the brand
  is used commercially before incorporation.
 BC's Partnership Act until incorporation. A Declaration of
 Trade Name with the BC Registrar should be filed if the brand
 is used commercially before incorporation.
- **Moral rights gap acknowledged.** § 14.1 moral rights cannot
  be assigned, only waived in writing. § 13(3) does not waive
  them. The current posture admits this residual gap and does
  not paper it; counsel-drafted moral-rights waivers may be
  added later as the structure matures.
 be assigned, only waived in writing. § 13(3) does not waive
 them. The current posture admits this residual gap and does
 not paper it; counsel-drafted moral-rights waivers may be
 added later as the structure matures.

## Trigger events that require revisiting

@@ -111,14 +111,14 @@ IP-assignment agreement, moral-rights waivers) become standard:

- First hire who is not a founder or officer.
- First contractor contribution to in-scope code, content, or
  design work.
 design work.
- First external revenue generated using WCP IP.
- Reporting-issuer status under BCSC `[ni-51-102]`.
- PointSav Digital Systems Inc. incorporation event (handled at
  the rollover; Income Tax Act § 85 rollover transfers the IP
  estate to the new entity in a single transaction).
 the rollover; Income Tax Act § 85 rollover transfers the IP
 estate to the new entity in a single transaction).
- Any inter-company IP use between WCP and an operating
  subsidiary.
 subsidiary.

## Why this preserves equity value