ONN requests delay of proclamation of Ontario Not for Profit Corporations Act

July 12th, 2012 by Iler Campbell LLP

On Monday, the Ontario Nonprofit Network sent a letter to Minister Best, the Premier and Minister Sousa requesting a delay of the proclamation of Ontario Not‑for‑Profit Corporations Act (ONCA) which is currently scheduled for January 1, 2013 to come into effect January 1, 2016. The letter argues that the Act will do serious harm to the operation of not‑for‑profit organizations and the communities they serve and that the costly and complex transition to the new act is ultimately unnecessary. We agree and hope the McGuinty government gets the message.

Read the letter here (pdf). Read more about the act and its impact on ONNs site. See our previous coverage of the ONCA here.

Filed in: Not for Profit Law

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