What’s The Law: The New Not-for-Profit Corporations Acts

The increased focus on governance in the corporate world has resulted in new regulations in the nonprofit sector. One of the major changes is occurring in the area of corporate law. Federally, the Canada Not-for-profit Corporations Act1 (CNCA) was proclaimed in force on October 17, 2011, and will replace Part II of the Canada Corporations…

Accounting for Debt Financing and Going-Concern Issues

Introduction In the past, not-for-profit organizations have generally been able to manage their affairs in a way that avoided being heavily dependent on debt financing. Times have changed. Government funding has not been keeping pace with inflation. New programs are being developed to meet the needs of the community. Facilities are aging and need to…

Place et Role des Associations au Quebec les Delis de Ia Decennie 90

This article was adapted from a presentation to a convention co-sponsored by CEPAQ (centre pour l’avancement des associations du Quebec). The convention addressed the subject of nonprofit associations in Quebec, France and Belgium and was held in Montreal in May 1991. Proceedings were published in Inter-action in October 1991. Sans prétendre être exhaustif, mon exposé…

From the Editor

For the spring of 1992 we have description, prescription, and comment, as well as the usual reading list. Professor Jim Phillips comments on the decision of the Federal Court of Appeal in the Everywoman ‘s Health Centre Society case. The Court held that activities that are socially or politically controversial-in this case an abortion clinicmay…

Report To The Special Committee On Charitable Organizations Of The Wills And Trusts Section Of The Canadian Bar Association

TABLE OF CONTENTS METHODOLOGY ANALYSIS OF REPLIES PROBLEM AREA REQUIRING FURTHER RESEARCH GENERAL CONCLUSIONS AND RECOMMENDATIONS METHODOLOGY When we embarked on this pilot study we were in the following position. We had studied in the area of non-profit and charitable bodies and the legislation affecting them for approximately one year, were fairly knowledgeable in this…