New Ontario not-for-profit legislation, business registry

By Linda J. Godel and Alexandra Zavalunov ( August 30, 2021, 2:50 PM EDT) -- On Aug. 17, 2021 the Ontario government announced that the Ontario Not-for-Profit Corporations Act (ONCA) will finally be proclaimed into force effective Oct. 19, 2021, (the proclamation date), almost 11 years from the date that it received royal assent. The proclamation of the ONCA coincides with the launch of the new Ontario Business Registry (the OBR), which has been a key factor in the delay of the ONCA coming into effect....