On the Corporations Canada website there is a note “Final deadline to transition – July 31, 2017 is the cut-off date to transition to the Canada Not-for-profit Corporations Act. For more information, see our notice or contact us.” Seems innocous enough.
Notice – July 31, 2017: Last chance for not-for-profits to transition
All corporations created under the Canada Corporations Act, Part II need to have completed their transition to the Canada Not-for-profit Corporations Act and received their certificate of continuance by July 31, 2017.
If the transition is not completed by that date, the corporation – including registered charities – will be dissolved. This means that the corporation will no longer exist as a legal entity. In the case of registered charities, dissolution could lead to the revocation of their registration as a charity. See Operating a registered charity for more information.
If you have already filed a transition request but have not received your certificate of continuance from Corporations Canada, this means that you have not completed the transition.
There is still an opportunity to transition and keep your corporation active. To find out more, read our Transition Guide or contact us at 1-866-333-5556.
Date modified: 2017-02-13
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