Canada Not-for-Profit Corporations Act: Little more than two years left to transition

On October 17, 2011 the Canada Not-for-profit Corporations Act (“CNFPCA”) came into force. As we discussed in our prior blog post What is the Not-for-Profit Corporations Act and why does it matter to me?, this Act applies to non-profits and charities incorporated under the Canada Corporations Act. Federally incorporated organizations were given three years to transition, and if they don’t do so by October 2014, they will automatically be dissolved. Read More

What is the Not-for-Profit Corporations Act and why does it matter to me?

Over the past year you have probably heard of the Not-for-Profit Corporations Act (“NFPCA”). And you may be wondering, does it affect my organization?

If your organization is a non-profit and either federally incorporated or incorporated in Ontario (or you are planning to incorporate in either of these jurisdictions) the answer is, YES. Read More