Choosing the Right Name
All corporations need a name. You can give your corporation a specific name (subject to government approval – see below) or you can create what is commonly called a numbered corporation. A numbered corporation is a corporation that has for its name a number assigned by the government followed by “B.C. Ltd.” in the case of a British Columbia corporation or “Canada Inc.” in the case of a Federal (Canada) corporation.
If you’re giving your corporation a specific name government approval is required. Names are assessed for approval according to the following 3 parts: the distinctive element, descriptive element and corporate designation. As a general rule all three parts must be included in a corporate name.