Industry Canada has started sending out notices of dissolution to Federal Non-profits

November 13, 2014 | By: .(JavaScript must be enabled to view this email address) Mark Blumberg
Topics: News, Canadian Charity Law, New corporate non-profit acts

Industry Canada has started the long and arduous process of notifying corporations under the Canada Corporations Act that have NOT continued to the CNCA that they will be dissolved.  Industry Canada has sent notices of pending dissolution to the CCA corporations.  Industry Canada's Monthly Transactions for November include a list of which corporations have received such notices of pending dissolution.

Here is a link to the Industry Canada "Notice of Decision to Dissolve (Failure to Transition) (NFP)"

http://www.ic.gc.ca/eic/site/cd-dgc.nsf/eng/cs06330.html

The list of corporations also includes this note from Industry Canada "This is notice under section 222 of the Canada Not-for-profit Corporations Act that Corporations Canada intends to dissolve the corporations shown on this list. The corporations will be dissolved unless cause to the contrary is provided within the 120 days following the date of the notice that was issued for the corporation."

Keep in mind that dissolution is not automatic.  If you require legal assistance with the continuance please contact us. 

Do you require legal advice with respect to Canadian or Ontario non-profits or charities?

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Charity Lawyer Mark Blumberg

Mark Blumberg is a partner at the law firm of Blumberg Segal LLP in Toronto and works almost exclusively in the areas of non-profit and charity law.

mark@blumbergs.ca
416.361.1982
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