Posts Tagged ‘Ontario Not‑for‑Profit Corporations Act’

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!”

Update on Not‑for‑Profit Legislation

April 11th, 2014 by Shelina Ali

The deadline for federally incorporated non-profit organizations to continue under the Canada Not-for‑Profit Corporations Act (CNCA) is approaching quickly. Federally incorporated organizations have until October 17, 2014 to make the transition.  Failure to transition to the new legislation means dissolution.

To transition, federally incorporated non-profits will need to prepare and file Articles of Continuance, Notice of Initial Directors, and Notice of Registered Office, with Industry Canada.

Continue reading “Update on Not‑for‑Profit Legislation”

Non-profit law: ONN asked. Government listened

March 28th, 2013 by Brian Iler

Breaking news.

For some time now, Ontario Nonprofit Network has been highly critical of the as‑yet unproclaimed Ontario Not‑for‑profit Corporations Act. The Ontario Government hadn’t listened much.

Until now.

Continue reading “Non-profit law: ONN asked. Government listened”

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.

New Ontario Not-for-Profit Act Update

May 25th, 2012 by Brian Iler

From Wednesday’s Ministry advisory committee meeting:

  • Target proclamation date is January 1, 2013.
  • Incorporation will be available on line and instant – This is great news. The current process involves weeks long waiting periods.
  • A Guide to the new Act, transition checklist and default bylaw will be available this summer. (We’ve had substantial input into the drafting of these.)

We’ll keep you updated with new news as we hear it.

ONN Asks the Minister of Consumer Services to Make Amendments to the Ontario Not-for-Profit Corporations Act

December 6th, 2011 by Iler Campbell LLP

The Ontario Nonprofit Network writes, in a press release:

The Ontario Not-For-Profit Corporations Act (ONCA) is due to be proclaimed in the fall of 2012. However, many organizations in the nonprofit sector will have great difficulty using the Act and face the risk of it destabilizing the governance mechanisms of their organizations. We believe that our proposed amendments to the Act, as outlined in the attached brief (pdf), will make it a model piece of nonprofit corporate legislation.

Continue reading “ONN Asks the Minister of Consumer Services to Make Amendments to the Ontario Not-for-Profit Corporations Act”