Mahsa Pezeshki, Corporate Law Clerk
Miller Thomson Markham
Industry Canada has recently released a schedule of fees related to various applications and corporate procedures under the new Not-For-Profit Corporations Act (“NFPCA”). While the NFPCA is not yet in force, federally incorporated charities will want to be aware of the costs which will apply to these various procedures once the new legislation comes into effect.
Industry Canada advises that these fees were set after considering the processing costs for similar applications under other corporate statutes, such as the Canada Business Corporations Act (CBCA), with additional considerations given to the special not-for-profit environment in which corporations will operate under th NFPCA.
A full chart summarizing the fees applicable to each service is available at: http://www.ic.gc.ca/eic/site/cd-dgc.nsf/eng/cs02683.html#fees.
Miller Thomson’s Charities and Not-for-Profit lawyers can assist with all processes related to the governance and maintenance of non-share and non-profit corporations.