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…

Mergers And Amalgamations In The Canadian Nonprofit And Charitable Sector

Abstract: Difficult times and an increasingly competitive charitable sector are forcing some nonprofits and charities to consider organizational changes and collaborations. For some, a merger, the most integrated form of cooperation, is the most appropriate option. Unfortunately, many nonprofit mergers are handled poorly and the costs of the merger are far greater than expected; the…

Recent Changes to Federal and Provincial Statutes Affecting Charities

This article was developed from a presentation to “Fundamental New Developments in the Law of Charities in Canada”, a part of the Continuing Legal Education Program of the Canadian Bar Association—Ontario, in Toronto on October 27, 2000. This article will consider the substantive (and some administrative) changes to the Canadian Corporations Act and the Ontario…

Recent Legal Developments

Three recent decisions of the Ontario courts should be noted by charity trustees. Mutual Fund Investments by Trustees First, in Re Haslam and Haslam [(1994), 114 D.L.R. (4th) 562 (Ont. G.D.)] the issue was whether mutual funds should be held to be permissible trust investments under the Trustee Act [R.S.O. 1990, c. T-23]. They are…

Towards a Reformed Non-Profit Corporations Statute!

1. Introduction Alberta Bill 54 of 1987, the Volunteer Incorporations Act. will regulate the incorporation and operation of Alberta non-profit corporatiOns. It was introduced in the Alberta Legislature in June 1987, given first reading, and allowed to stand over for comment. The Legislature is expected to enact a revised version when legislative time can be…