The Ontario Government is looking at adding a regulation to the Charities Accounting Act that would allow in certain circumstances compensation for directors without specific legislation or court order. "The regulation would authorize incorporated charities to pay their directors and persons related to them, for goods, services, or facilities, without obtaining a court order, provided specific conditions are met." I have some concerns with the proposal and will blog in the future about that. The proposal was posted on July 10, 2017 and comments are due by August 29, 2017.
The charity sector in Canada is vitally important. Charitydata.cabeta provides some information on registered charities as disclosed by those charities in their T3010 annual return. The information provided on this website is provided “as is”, subject to our disclaimer, and may not be accurate and/or complete. We hope that you find charitydata.ca helpful.
The Canada Not-for-profit Corporations Act (“CNCA”) permits a not-for-profit corporation that is incorporated under another act (such as a provincial non-profit act) to continue (import) to the CNCA provided that the other act permits the continuance. This allows a not-for-profit corporation to effectively re-incorporate under the CNCA and be governed by it as though it was incorporated under it. The Federal government has now made it easier for Ontario corporations to move to Federal. This will be helpful for some of the 50,000 Ontario corporations who may wish to skip ONCA and move directly to the CNCA.