If you’re involved in a non‑profit organization that was incorporated under the Canada Corporations Act and your organization has not completed the transition to the Canada Not‑for‑profit Corporations Act, then you have until July 31, 2017 to do so. Corporations Canada has issued a notice that if the transition is not completed by July 31^st, the corporation will be dissolved. In other words, the corporation will cease to exist, legally, and if it’s a registered charity, it could lose its charitable registration.

To obtain more details about what’s involved in completing the transition, you can check out the “Transition Guide” on Corporations Canada’s website.

If you have any questions about the transition process, you can also contact one of our lawyers.