French term (edited): "société par actions régie par la Loi canadienne sur les sociétés par actions"

This whole mention is legally required to follow the name on an incorporated business / In Canada the preferred term is "corporation" / "incorporated" / "incorporated business".

FR version:
"Art 49
...
(7) Doivent être énoncés au recto de chaque certificat d’action :
a) le nom de la société émettrice;
b) la mention "constituée sous l’autorité de la Loi canadienne sur les sociétés par actions" ou "assujettie à la Loi canadienne sur les sociétés par actions""
[http://laws-lois.justice.gc.ca/fra/lois/C-44/TexteComplet.ht...]

EN version:
"49.
...
(7) There shall be stated on the face of each share certificate issued by a corporation
(a) the name of the corporation;
(b) the words "Incorporated under the Canada Business Corporations Act" or "subject to the Canada Business Corporations Act"; ..."
[http://laws-lois.justice.gc.ca/eng/acts/c-44/fulltext.html]




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Note added at 4 hrs (2014-04-08 00:27:43 GMT)
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Loi canadienne sur les sociétés par actions

Canada Business Corporations Act

Limited liability is such a pervasive feature of the business landscape today that it usually goes without saying. That said, it is not part of the *definition* of 'société' in French or "company" in English. Indeed, the original "joint stock companies" did not have limited liabiilty, which became general in England only in the 1850s.

The phrase 'par actions' simply indicates that the equity in the company is divided into shares. Where liability *is* limited, it is limited to the nominal value of the share capital (in the case of a 'limited company with shares/company limited by shares") or, in the UK, to the value of the third-party guarantee (in the case of a "limited company with guarantee/company limited by guarantee"). Not all limited companies have shares.

If Canada also inherited the obscure and now vestigial distinction in the UK between "shares" and "stock", there could be a reason to say "share capital" rather than "shares" (and for 'action' to be singular in French?)

The French term makes no mention of limited liability, so IMO "limited" does not belong in the translation. The French term does mention share(s), and that is information that needs to be present in the translation -- unless the Canada Act in question allows no other possibility (but then, who would be expected to know that?).