Changes to the Ontario Not-For-Profit Corporations Act, 2010
On November 14th, Bill 154 received Royal Assent. As noted in our previous newsletters, this omnibus bill made changes to the Corporations Act (Ontario), to social investment provisions in the Charities Accounting Act (Ontario), and other statutes. This newsletter will...
Charities Can Now Help Businesses in the Aftermath of Disasters
In August 2017, the Canada Revenue Agency (“CRA”) updated its Guidance CG-014 on community economic development (“CED”) activities and charitable registration. There were a number of updates to the Guidance, but the most significant was the inclusion of the statement...
Canada Revenue Agency Releases Guidance on B.C. Societies Act
The Canada Revenue Agency (“CRA”) has released information on the new B.C. Societies Act for B.C. societies that are registered charities (“Societies Act”). The Societies Act, which came into force on November 28, 2016, affects all societies created in B.C....
Vos obligations en matière de sauvegarde et de destruction de renseignements personnels
Dans notre précédent article, nous avons déterminé que les organisations à but non lucratif peuvent être assujetties à l’application de la Loi sur la protection des renseignements personnels et les documents électroniques (la « Loi »). Ceci dit, qu’on soit assujetti ou...
When Good Directors Go Bad: Removing Directors of Not-For-Profit Corporations
Getting rid of an absent, undedicated, or counterproductive director is a delicate task, especially when he or she has a number of years left on their term. While “putting up” with a disruptive director may be possible, it becomes impractical...
Cutting Red Tape Act Now in Force
As previously reported, Bill 154, The Cutting Unnecessary Red Tape Act, 2017 (the “Act”), proposed a number of changes to the Ontario Corporations Act (summarized in this article) as well as the Charities Accounting Act (summarized in this article). Many of these changes were...
Law Society of Ontario Approves Charities and Non-Profits Providing Legal Services
On September 28, 2017, the Law Society of Ontario, the self-governing regulator for the legal profession, approved in principle, the provision of legal services by civil society organizations – charities and non-profits. These services will need to be provided for...
Changes Proposed to Expand Scope for Social Investments in Ontario
The Ontario Government recently released draft legislation aimed at various matters under the label of reducing red tape. Contained in that legislation is a substantive change that is very significant for charities in Ontario. This change has the potential of...
How Finance’s Private Corporation Tax Proposals Will Affect Gifts to Charity
This summer the Department of Finance (“Finance”) released a consultation paper on tax planning using private corporations. A private corporation is a company that does not trade its stock on a public stock market. In other words, the shares of...
CRA Provides Updates and Guidance for Internal Divisions
An internal division is a branch, section, parish, congregation or other division of a Canadian registered charity (the head body) that is permitted to receive and receipt donations on its own behalf. Although it has its own charitable registration number,...
