Are you a federally incorporated not-for-profit organziation? On October 17, 2011 the new Canada Not-for-profit Corporations Act came into force. This Act is designed to simplify processes, procedures and requirements. This Act will apply to any federal non-share capital corporations incorporated after October 17, 2011. Federal corporations, such as Canadian charities incorporated under the old Act, may continue to operate under the old Act until October 17, 2014. However failure to transition within this time period could result in dissoultion of the corporation by Corporations Canada.
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