I am currently employed by a large Canadian corporation. I'm also in the planning stages of bootstrapping my own small company. The two are in unrelated industries, but it could be argued that there is a crossover of my technical skills. I would, however, not be using technical skills learned at my employer.
If I claim Sole Proprietorship finances on my T1 & T2125, or if I incorporate and file a corporate T2, will my current employer be notified of this? If they did regular searches on their employees to see if they have any of the above, would it show up?
I don't really understand the corporate obligations RE starting your own side company. I am scared to ask the HR department about it incase it raises a 'red flag' so to speak.