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Dec 2021ONCA: Taking ownership of the transition process
Ontario’s Not-for-Profit Corporations Act (ONCA) took effect on October 19, 2021. Nonprofits who are subject to ONCA have until October 18, 2024 to transition to the new rules.
Tag: ONCA
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Sep 2020ONCA update
The Government of Ontario has introduced motion #89 in the Legislature. This motion extends the Ontario Not-for-Profit Corporations Act (ONCA) by another year, until December 2021. This was necessary because legislation is automatically cancelled if it does not take effect in 10 years, and the ONCA was passed in 2010 so would be cancelled if it was not proclaimed by December 2020. We have been assured that the ONCA is...
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