Social Impact Newsletter

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October 11, 2022

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2022 MasterCard rule changes applicable to subscription payments

Susan M. Manwaring, Domenic Presta, P. Jason Kroft

MasterCard has recently proposed changes to its credit card processing rules which, if implemented, will impact a broad range of “merchants” including non-profits and charitable organizations. Given that these changes appear to be a reaction to legislative changes in other...

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Navigating the Ontario Business Registry for Ontario non-share capital corporations

Natasha Smith, Gwenyth Stadig, Giovanni Giuga

The ONCA and OBR Ontario’s Not-for-Profit Corporations Act, 2010 (“ONCA”) came into force on October 19, 2021. It modernizes the legal framework for Ontario’s not-for-profit corporations (also known as “non-share capital corporations”). Most non-share capital corporations that were previously governed...

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