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Discussions on Human Resources, Employment Law, Payroll and Internal Controls

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By | 7 Minutes Read

Corporations Canada will begin issuing Notices of Intent to Dissolve to CNCA non-profit corporations that have not filed their Annual Return in 3 years or more

Corporations Canada will begin issuing to Canada Not-for-profit Corporations Act non-profit corporations Notices of Intent to Dissolve if the CNCA non-profit corporations have not filed their corporate Form 4022 – Annual Return in three years in a row or more. Under Section 222 of the CNCA, Corporations Canada can provide 120 days’ notice to a delinquent non-profit to file their Annual Return and if the Annual Return is not filed within 120 days, the system will automatically dissolve the corporation.

By | 4 Minutes Read

Improve cash flows with these 10 best practices

Economists, pundits, and others are concerned about inflation, shrinkflation, recession, rising interest rates, and other potential economic impacts arising from polycrisis or other events. These concerns make it even more critical to get a handle on cash flows.

By | 8 Minutes Read

Why it is difficult to provide an estimate for legal services relating to ONCA transition or CNCA continuance for an existing non-profit or charity or registered charity

Many Ontario non-profit corporations are struggling with how to deal with the Ontario Not-for-Profit Corporations Act, 2010 (“ONCA”).  Over 50,000 ONCA corporations will need to make changes to their governing documents to conform with the new ONCA by October 18, 2024.

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Established in 1995, First Reference is the leading publisher of up to date, practical and authoritative HR compliance and policy databases that are essential to ensure organizations meet their due diligence and duty of care requirements.

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