Ontario Ministry of Finance asks Charities to Review Significant New Proposals
The Ontario Ministry of Finance has announced that it is reviewing a new regulation under the Employer Health Tax Act (the “Act’) that it says will clarify how the employer health tax (“EHT”) applies to Canadian registered charities with employees...
Susan Manwaring interviewed on social impact bonds for Canadian Press
Canadian Press, "Need for education on social finance: expert"
A lawyer who helped set up the first social impact bond in the country says the biggest barrier to expanding the community financing initiative in Canada is lack of knowledge, not regulatory hurdles. Susan Manwaring, who specializes in the emerging area...
Susan Manwaring discusses social impact bonds on Business News Network
Business News Network
In the segment, she offers tips and what investors need to know about social impact bonds. Watch the video: Harnessing the power of private capital for social good
Ontario Moves Forward with Its Social Enterprise Strategy 2016-2021
Minister Brad Duguid attended the Unpacking Impact Conference on June 21, 2016 and announced the Ontario Government’s commitment to a five year social enterprise strategy. Minister Duguid committed Ontario to supporting a thriving marketplace of sustainable and scalable social enterprises...
An In-depth Look at Nova Scotia’s New Community Interest Companies
Earlier this month, Nova Scotia announced the coming into force of the long awaited Community Interest Companies Act (“CICA”). This new law allows new and existing businesses incorporated under the Companies Act (Nova Scotia) (“CA”) to apply for designation as...
Competition Bureau Ramps Up Investigations into Donation Fraud
The Competition Bureau (the “Bureau”) has recently been increasing its oversight over false and misleading representations made in connection with charitable claims. The Bureau is the government regulator responsible for investigating and enforcing deceptive marketing and advertising practices in Canada. ...
Susan Manwaring comments on social impact bonds in Financial Post
Financial Post, "The countdown to launching social impact bonds in Ontario is underway"
The good news is that the start line for the first social impact bond to be developed in Ontario and brought to the market is within sight. And when the line appears, investors will be able to purchase a fixed...
Why Do We Need Members? We Have a Board…
Our incorporated charity and non-profit clients often wonder why they need members. Organizations with few governance participants, either because they are small or because they are controlled by a small group, sometimes wonder if they may operate with only a...
CRA Releases Guidance on Low Cost Housing Corporations for the Aged
In April, CRA released a short guidance, CG-025, which sets out the criteria that must be met by an organization seeking to be recognized as a low cost housing corporation for the aged. Such corporations, provided that they obtain and...
New Registration Requirements for Not-for-Profit Corporations Operating in British Columbia
While many British Columbia societies have started preparing for the transition to the new British Columbia Societies Act (the “New Act”), which will come into effect on November 28, 2016 and will replace the existing British Columbia Society Act (the...