UPDATE: this order has been extended to co-ops and condo corporations. See our update here.
Last week the provincial government passed an emergency order giving Ontario non‑profits some much‑needed flexibility during this challenging time.
Unfortunately, this order does not extend to Ontario co‑operative corporations, so organizations governed by the Co‑operative Corporations Act need to adhere to the rules in that legislation and their by‑laws on when and how to hold meetings. The housing co-op world is still recommending as they did in the March 24 communique from CHFT.
The government passed an emergency order under section 7.1(2) of the Corporations Act that temporarily suspends various sections of that legislation and substitutes the following new rules that affect non‑profits: Continue reading “Ontario government passes emergency order allowing virtual meetings and AGM extensions for non profits (but not for co-ops)”