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ARTICLE · 11 JULY 2013

The ONCA Is One Step Closer To Coming Into Force!

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On June 5, 2013, the Ontario Ministry of Consumer Services provided an update on the passage of the Ontario Not-for-Profit Corporations Act, 2010 (see below for the full text of the press release).

CanadaCorporate/Commercial Law
Anna Naud
Anna Naud
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On June 5, 2013, the Ontario Ministry of Consumer Services provided an update on the passage of the Ontario Not-for-Profit Corporations Act, 2010 (see below for the full text of the press release).

The Ontario government has introduced amendments to certain pieces of legislation. These amendments must occur before the ONCA can be proclaimed. The ONCA is targeted to come into effect six months after these amendments are passed.

Stay tuned!

News Release

Ontario Government Making it Easier for Not-for-Profits to Do Business

June 5, 2013

Amendments Pave the Way for Proclamation of Ontario Not-for-Profit Corporations Act

Ontario is one step closer to proclaiming the Ontario Not-for-Profit Corporations Act, 2010 (ONCA) - legislation that will increase accountability and transparency for not-for-profit corporations and that will make it easier for them to operate and do business in today's marketplace.

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