The Canadian Charity Law Association is delivering some upcoming webinars. More information on each of these webinars and how to register is provided below:
Growing up and becoming Canadian - Ontario (OCA) to Federal (CNCA) continuance and select CRA issues with continuance
September 9th, 2015 at 12:00 PM EDT
The Ontario Not-for-Profit Corporations Act (“ONCA”) was originally expected to come into force in 2013, but unfortunately it has been delayed a number of times. The Ontario Ministry of Government and Consumer Services’ latest update stated that ONCA is not expected to take effect before 2016. However, there is no assurance that it will be brought into force in 2016. When ONCA comes into force it will apply to all non-share capital corporations currently under the Ontario Corporations Act (“OCA”).
Many Ontario non-profit corporations have been waiting since 2010, when ONCA was passed, for the changes to come into effect. Many of these corporations have held off on making corporate changes because ONCA is “just around the corner”.
Although some Ontario non-profit corporations may choose to wait for ONCA to come into force, another viable option for an Ontario non-profit corporation is to transfer to the federal jurisdiction by continuing under the Canada Not-for-profit Corporations Act (“CNCA”).
In this presentation we will discuss:
- Some of the advantages and disadvantages of an Ontario non-profit moving from the Ontario jurisdiction to the Federal jurisdiction; and
- The process and requirements to make such a continuance.
This webinar will be presented by Mark Blumberg. Mark is a partner at the law firm Blumberg Segal LLP in Toronto and works almost exclusively with Canadian non-profits and registered charities on compliance issues. Mark is also the editor of at http://www.CanadianCharityLaw.ca – a Canadian charity law website andhttp://www.globalphilanthropy.ca ™ – a Canadian website dedicated to news about the Canadian charitable sector as well as legal and ethical issues for Canadian charities operating in Canada or abroad.
Registration is free. REGISTER NOW
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