Social Impact Newsletter
Ontario Not-for-Profit Corporations Act Delayed Until 2014
As we reported earlier this month, the Ontario government recently announced that the in force date for the Not-for-Profit Corporations Act, 2010 (the “ONCA”) will be no sooner than January 1, 2014. Previously, the government had target dates of January...
CRA Releases New Resources on Political Activities
In late March, CRA released a number of new resources to assist charities in understanding CRA’s interpretation of the rules related to political activities by registered charities. CRA’s main official policy statement on political activities, CPS-022, was published in 2003....
NPO Update
Over the past several months, CRA has released two technical interpretations commenting on aspects of the tax exemption for non-profit organizations under paragraph 149(1)(l) of the Income Tax Act (Canada). In order to maintain status as a tax exempt NPO,...
British Columbia Community Contribution Company Update
The regulations allowing for the creation of a new category of share capital corporation in British Columbia, known as a “Community Contribution Company” (“C3” or “CCC” for short), were approved on February 27, 2013. This new structure will be available...
What’s Happening
Gillian Tuck Kutarna and Robin-Lee A. Norris presented “Not-for-Profits – Is your Organization Ready?” at the Guelph Chamber of Commerce Lunch and Learn on May 8, 2013 in Guelph, ON. Amanda Stacey and Rachel Blumenfeld presented “Receipting Challenges: How to...