With 24 National Sport Organizations (NSOs) having transitioned to compliance with the new NFP Act, and more organizations in the process of completing the final steps of transition, now is a good time to review some of the tasks to which an NFP Act-compliant organization should turn its … [Read more...] about NFP Act After-Care – Tasks after Transitioning to Compliance
On October 17th 2011 the NFP Act (also known as the CNCA) came into force and required that every federally-incorporated not-for-profit organization transition to compliance with the new law – or face dissolution. With only six months to go, Carters (Canada's leading charity law firm) is reporting … [Read more...] about NFP Act transition… only six months left… are you on track?
These questions are intended to promote reflection on the concept of governance. They are by no means complete or comprehensive, but they arise from many years of helping sport organizations to understand governance better, and to promote better governance practices. The bare-bones definition of … [Read more...] about Thinking About Governance Reform? Here are Some Questions to Get You Started
The Ontario Not-For-Profit Corporations Act (ONCA) is expected to come into force on January 1st, 2013 and organizations will have three years to comply with the new legislation. We have been following the developments around the ONCA very closely and we have noticed substantial pushback from other … [Read more...] about Are There Problems with the Ontario Not-For-Profit Act?
Provincial Sport Organizations (PSOs) may be hearing about the “NFP Act” or the new not-for-profit corporations’ legislation that every nationally-incorporated sport organization is currently addressing. Just because this is a federal law doesn’t mean that Provincial organizations can simply ignore … [Read more...] about Why the new federal NFP Act is important to PSOs
In this space we have written previously about the imminent Not-for-Profit Corporations Act (NPCA), due to take effect soon in Canada. Back in 2009, our newsletter contained a footnote that the Act had received Royal Assent and was going to come into effect ... sometime. In June 2010, we … [Read more...] about New Corporations Act Creates Opportunities for NSOs