Tuesday, July 09, 2013

Many non-profits neglecting new federal law as deadline looms: lawyer - Local - Ottawa Business Journal

Many non-profits neglecting new federal law as deadline looms: lawyer - Local - Ottawa Business Journal: The new legislation is designed to create a clearer set of rules for non-profits, according to the federal government’s website, in part by creating a more “objective standard” for those who want to join boards. It is also designed to make major changes, like amalgamations, easier.

Only 1,173 of the 24,086 corporations signed up as non-profits under the old Canada Corporations Act have transitioned to the new law, according to figures the fe

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