Community Contribution Companies

B.C. benefit corporation update

May 28, 2019 Occasional Contributors Business and Legal Issues, Corporate Administration, Corporate Governance, Leadership and Management

We previously reported on how British Columbia may become the first jurisdiction in Canada to permit benefit corporations. A private member’s bill (Bill M 216) on benefit corporations was introduced in the 2018 Legislative Session and passed second reading, which is rare for a private member’s bill.

benefit corporation, Community Contribution Companies, Community Interest Corporations, fiduciary duty

Political activities: Consultations may have side effects

February 22, 2017 Drache Aptowitzer LLP Advocacy and Public Policy, Board of Directors, Process and Responsibilities, Charities, Corporate Administration and Legal Matters, Financial Management, Not for Profit, Volunteers and Employee Relations

As our readers know, the new government has taken steps to revamp the restrictions on political activities by charities, by dismantling the political activities audit program and by promising a new approach following consultation with the public and members of the charities industry. It is important, however, to note that the changes may not only effect the charity realm as Nova Scotia Community Interest Corporations have similar restrictions.

Business Corporations Act, C3s, Canada Revenue Agency, Community Contribution Companies, Community Interest Companies Act, Community Interest Corporations, CRA, political activities, political activities law, political activity, social enterprise corporations, social enterprise sector