It really depends on your situation. You don't need to register your business if you are a sole proprietor and using your legal name. For example "John Smith" instead of "Techie's Affiliate Marketing".
If you are charging and collecting provincial taxes you will need business license. If you use expemtions you still need to register. For example, in my business all my customers are PST exempt but I still need a provincial business license and have to file a quarterly statement in order for me to be exempt when buying goods for resale. This is what my Master Business License is for.
I would suggest you check with your province. I can't speak for the others but Ontario has a good website with all the information you need.
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