Ontario’s Not-for-Profit Corporations Act: Prepare for transition

By Theresa Man ( October 27, 2021, 3:10 PM EDT) -- After over a decade, the Ontario Not-for-Profit Corporations Act, 2010 (ONCA) was proclaimed into force on Oct. 19, 2021. As a result of the sweeping changes introduced by the ONCA, boards, executives, staff, and legal counsel for not-for-profit corporations incorporated under Part III of the Ontario Corporations Act (OCA) should become familiar with the ONCA’s provisions in planning for the transition from the OCA to the ONCA....