The Ontario Government has made regulatory amendments to the Co‑operative Corporations Act and the Ontario Not‑for‑Profit Corporations Act to extend the provisions permitting electronic meetings until September 30, 2022. This means that organizations currently governed under these statutes can continue to meet virtually, including meetings for virtual AGMs. Co‑operatives and corporations are able to hold these electronic meetings via video conference or video call even if their by‑laws or rules do not allow for electronic meetings.
This extension is great news, as it gives organizations in Ontario the flexibility to host meetings online and prevent the spread of COVID-19. It also means that attendees can continue to attend meetings from home in sweatpants. Win-win! Our former articling student, Karly Wilson, wrote about the provincial emergency order when it first came into effect in 2020. You can read the that blog post here.
For more information about the current extension of virtual meeting provisions, please visit the Ontario Government’s website.