The Transition to the Canadian Not-for-profit Corporation Act
Walking Through the Transition to the Canadian Not-for-profit Corporation Act is a COCo INFO-SHEET on federally registered nonprofits and the CNCA.
This document covers some of the changes in the Canadian Not-for-profit Corporation Act, as well as a transition process largely informed by Industry Canada’s transition guide with added details, concerns, context and references, and finally, a complete list of additional references and resources on the topic.
These changes become effective on October 17 2014, date by which the transition must be complete for all federally registered nonprofits. Those that do not comply with the transition will be dissolved and their assets seized by the Federal government.
Topics covered are governance, Board of directors, annual financial exercises and audits, membership rights, charities, and more.
Formats available: .pdf and .doc