Industry Canada provides notice of delays in processing corporate documents

October 29, 2014 | By: .(JavaScript must be enabled to view this email address) Mark Blumberg
Topics: News, Canadian Charity Law, New corporate non-profit acts

If you are submitting corporate documents to Industry Canada then expect delays in processing.   What might have been a 1 week turnaround for a continuance may now be 2 weeks.   This delay is caused by a large number of last minute continuance filings.   However, if you have not filed your continuance documents do not despair - see our note here.

Here is the notice on the Industry Canada website:

"Notice to Clients

Corporations Canada is currently processing a higher than usual volume of transactions. As a result, you may experience a delay in the processing of your request. We apologize for any inconvenience this may cause."

Industry Canada has advised that as of October 25, 2014 there have been 9097 completed continuances.   That is significant progress.  After the CNCA had been in effect for 2 years ie. October 2013 there were only 1800 continuances.  As at the end of May there were 4175 continuances.  So over the last five months there have been about 5000 continuances.    

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

Contact

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
Download vCard

Connect

Locate

Blumberg Segal LLP
Barristers & Solicitors
#1202 - 390 Bay Street
Toronto, Ontario
M5H 2Y2 Canada

Charity Law List

Join Blumbergs' non-profit and charities newsletter
View recent issue: August 2019