Social Finance, Enterprise and Innovation
BarTalk
What are we talking about? A young woman is talking about her new innovative idea and setting up a social enterprise. She goes on to say she has a charitable foundation that wants to invest! This has led to questions about...
Quebec Court of Appeal confirms that the Canada-U.S. Tax Convention not Applicable to Quebec Residents
Disponible en français : La Cour d’appel du Québec confirme que la Convention fiscale entre le Canada et les États-Unis ne s’applique pas aux résidents du Québec In our July 2015 Newsletter, we wrote about a decision of the Court...
Cybersecurity: Steps to Manage Cyber Risks Effectively
In recent years, cyberattacks have been steadily increasing in sophistication, frequency and magnitude – with the media reporting, what appears to be, a major cyberattack on an almost weekly basis. Hackers are targeting organizations from all industries, including not-for-profits and...
Apply for New Accelerator Program before December 11, 2016
Climate change-fighting organizations and social enterprises in Ontario have been invited to apply for a new accelerator program before December 11, 2016. The program is a recently announced partnership between The Centre for Social Innovation and the Ontario Ministry of...
Government of Canada and Heart and Stroke Foundation of Canada Unite for Impact Investing
This October, Canada’s Minister of Health, the Honourable Jane Philpott MP, along with Heart and Stroke Foundation of Canada (“HSFC”) and MaRS Centre for Impact Investing, announced Canada’s first ever federally-funded social impact bond (“SIB”). A SIB is an investment...
How To Transition Under B.C. Societies Act
Beginning November 28, 2016, B.C. societies can transition under the new British Columbia Societies Act (the “Act”). Existing B.C. societies will have to transition under the new Act within two years after the coming into force of the new Act...
Record Keeping Obligations of Ontario Charitable and Not-for-Profit Corporations
This article provides an overview of the current recordkeeping obligations of Ontario registered charities, such as school board foundations, under the Ontario Corporations Act (“OCA”), the not-yet-enacted Ontario Not-for-Profit Corporations Act, 2010 (the “ONCA”), and the federal Income Tax Act...
Tax Court Addresses Distinction between Employees and Independent Contractors
A recent decision of the Tax Court of Canada serves as a reminder that charities and non-profit organizations must ensure that they properly distinguish between employees and independent contractors. In Sistema Toronto Academy Inc. v. MNR, the Tax Court of...
Amendments to Canada’s Advertising Self-Regulatory Guidelines Impacts Endorsements and Testimonials
Advertising Standards Canada (“ASC”), the advertising industry’s self-regulatory body, has made changes to The Canadian Code of Advertising Standards (“Code”). Effective as of October 3, 2016, these significant amendments include new guidelines that require the disclosure of any material connection...
Bill n°56: Lobbying Transparency Act – The State of Play
This article is also available in French: Projet de loi n° 56 : Loi sur la transparence en matière de lobbyisme. L’état d’avancement des travaux In a previous article we advised our readers of the Quebec government’s introduction of Bill...
