Community bonds turn social capital into financial capital

May 6th, 2024 by Ken Farrell

Community bonds not only help raise funds for specific projects, but can also help contribute to the long-term social health of a community.

The Centre for Social Innovation on Spadina Ave. in Toronto. Credit: CSI Credit: CSI

A community bond is a financing tool used by social-purpose entities like charities, non-profits, and co-op, for raising money, and by investors who want to see their money put to good use while still earning a return on investment. Continue reading “Community bonds turn social capital into financial capital”

CHFT Honours Brian Iler as Honorary Lifetime Member

January 5th, 2024 by Iler Campbell LLP

Last month, the Co-operative Housing Federation of Toronto honoured Brian Iler of Iler Campbell LLP as an Honorary Lifetime Member in recognition of his years of service providing legal advice to co-ops and non-profits in Ontario. You can watch his acceptance speech here.  Celia Chandler, of CHFT, also wrote this piece in recognition of Brian’s achievement. We are so proud of all of Brian’s work in the sector, and extend our congratulations to him!

ONCA Compliance & Document Review

September 19th, 2023 by Iler Campbell LLP

The Not-for-Profit Corporations Act, 2010 S.C.2020,c.15  (ONCA) took effect on October 19, 2021. All provincially incorporated non‑share corporations, not including co-operatives or insurance companies under the Corporations Act (Ontario), have until October 18, 2024, to ensure their governing documents, including their letters patent  and bylaws, comply with ONCA. The requirement applies equally to non‑share corporations created by special acts of the Ontario legislature. Continue reading “ONCA Compliance & Document Review”

After over ten years of waiting, the “Ontario Not‑for‑profit Corporations Act” (ONCA) will finally be proclaimed into force on October 19, 2021!

August 18th, 2021 by Iler Campbell

The Ontario government remains optimistic about the legislation, and anticipates that ONCA will simplify the incorporation process, clarify rules for governing a corporation, enhance members’ rights, as well as give members greater access to financial records.

The legislation, which passed in 2010, will be the legal framework under which most provincially incorporated not‑for‑profit corporations will operate come October 19th. More specifically, it will apply to every corporation that does not have share capital and is incorporated under an act of the Ontario legislature, other than the Co‑operative Corporations Act.

ONCA will bring lots of change to the regulatory landscape, and corporations will have three years after proclamation to comply with the new rules. As a result, provincially incorporated not‑for‑profit corporations will need to review their governing documents, and make any necessary changes within three years, to ensure compliance with ONCA. Continue reading “After over ten years of waiting, the “Ontario Not‑for‑profit Corporations Act” (ONCA) will finally be proclaimed into force on October 19, 2021!”

Lack of diversity on non-profit boards is rooted in privilege

February 25th, 2021 by Shelina Ali


Last December, Statistics Canada undertook a crowdsourced survey of non-profit and charity boards in Canada to assess the diversity of individuals serving on those boards. The survey was completed by 8,835 board members. Of those members who responded, 14 per cent identified as being immigrants to Canada; 11 per cent identified as belonging to a visible minority group; eight per cent identified as LGBTQ2+; six per cent identified as persons with a disability; and three per cent identified as First Nations, Métis or Inuit. Continue reading “Lack of diversity on non-profit boards is rooted in privilege”

Reflections on the WE fiasco

December 18th, 2020 by Brian Iler

This article was first published on

I watched last summer’s WE Charity brouhaha with particular interest.

An apparently hugely successful charity and social enterprise empire, WE Charity found itself vilified in the media, resulting in the loss of donors and the eventual closing of its Canadian operation. The fallout even saw the resignation of Finance Minister Bill Morneau. Continue reading “Reflections on the WE fiasco”