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Inside Internal Controls

News and discussion on implementing risk management

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ONCA

Changes to the Ontario Not-For-Profit Corporations Act, 2010

On November 14th, Bill 154 received Royal Assent. As noted previously, this omnibus bill made changes to the Corporations Act (Ontario), to social investment provisions in the Charities Accounting Act (Ontario), and other statutes. Some of the more significant changes to the Not-For-Profit Corporations Act, 2010 (“ONCA”) are reported here, none of which are in force today but will be when ONCA comes into force. As you may recall, ONCA was passed in 2010, but it will only come into force on a day to be named. The government plans to bring the ONCA in force in early 2020.

 

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Ontario Not-for-profit Corporations Act: Two steps forward, one step back

The Ontario election called for June 12th has delayed proclamation of the Ontario Not-for-profit Corporations Act, 2010 (ONCA) yet again.

 

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Ontario Not-for-Profit Corporations Act update

So, the Ontario government is taking another step toward implementing the Ontario Not-for-Profit Corporations Act. It has introduced, Bill 85, An Act to amend various companies statutes and to amend other statutes consequential to the Not-for-Profit Corporations Act, 2010, which would make amendments to several existing laws that are necessary before the Not-for-Profit Corporations Act can come into force…

 

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Ontario Not-for-profit Corporations Act delayed

I’ve lost count of the coming-into-force dates the government has set for the Ontario Not-for-profit Corporations Act to take effect, but this time at least it seems there’s a clear reason. The previous estimate for the law to come into force was July of this year; the new estimated date is “no earlier than” January 2014.

 

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Government plans to implement Ontario Not-for-profit Corporations Act July 2013

Ontario plans to implement its Not-for-profit Corporations Act (ONCA) in July of this year. In the unlikely event that you haven’t been paying attention, the ONCA will replace the Ontario Corporations Act for not-for-profit organizations that are incorporated in the province (as opposed to federally). Broadly, the changes will…

 

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