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Follow us on TwitterThe Government of Ontario has further amended the Co‑operative Corporations Act, Ontario Not‑for‑Profit Corporations Act and Condominium Act, 1998, by permitting electronic meetings until September 30, 2023. Continue reading “Ontario Extends Virtual Meeting Provisions for Co-ops and Non Profits”
Posts Tagged ‘Ontario Not‑for‑Profit Corporations Act’
Ontario Extends Virtual Meeting Provisions for Co-ops and Non Profits
August 26th, 2022 by Hunter StoneOntario Extends Virtual Meeting Provisions for Co-ops and Non-Profits
November 1st, 2021 by Maggie FlemingThe 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.
When old laws govern modern times in the not-for-profit sector
October 29th, 2021 by Ken FarrellThis article was first published on rabble.ca
Even without the benefit of modernized laws, there are a whole lot of not‑for‑profit corporations. We could take this as an indication of just how much the business of taking care of each other has been left to the private sector, or, as a measure of how much deprivation is really out there — but perhaps it’s something more uplifting.
Not‑for‑profit corporations aren’t new. Neither are many of the laws that govern them. Like us, laws age and have tendency to become outdated. Continue reading “When old laws govern modern times in the not-for-profit sector”
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 CampbellThe 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 AliThe 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.
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