If you are an Ontario not-for-profit corporation you have to deal with the changes under ONCA and you have a number of options including moving to the Federal

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The Ontario Not-for-Profit Corporations Act (“ONCA”) was originally passed in 2010 and was expected to come into force in 2013, but unfortunately, it has been delayed many times. The Ontario Government has targeted ONCA to come into force in early 2020. When ONCA comes into force it will apply to all non-share capital corporations currently under the Ontario Corporations Act (“OCA”).

Many Ontario corporations have held off on making corporate changes, some of them quite important, because ONCA is “just around the corner” and they were waiting to make all the changes together.

Although some Ontario non-profit corporations may choose to wait for ONCA to come into force, another viable option for an Ontario non-profit corporation is to transfer to the federal jurisdiction by continuing under the Canada Not-for-profit Corporations Act (“CNCA”).

In this presentation we will discuss:

  • Some of the advantages and disadvantages of an Ontario non-profit moving from the Ontario jurisdiction to the Federal jurisdiction; and
  • The process and requirements to make such a continuance

Overview of the topics covered:

  1. What is your non-profit?
  2. What is ONCA and how is it different than the CNCA?
  3. The Big picture
  4. Recent Changes
  5. Options
  6. Questions to Prepare
  7. Charities and Registered Charities
  8. Moving from Ontario to Federal
  9. Additional Information
  10. Next Steps
  11. Resources on ONCA

This course is for Ontario non-profit corporations under the Ontario Corporations Act or OCA.

It is not intended for groups that are under the Canada Not-for-profit Corporations Act (“CNCA”) or other provincial non-profit acts.