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You are here: Home / Business / Ontario extends corporate virtual meetings

By Occasional Contributors | < 1 Minutes Read February 18, 2021

Ontario extends corporate virtual meetings

corporate virtual meetings

The Ontario government has recently extended the ability for Ontario Corporations Act (OCA) corporations to have virtual meetings until May 31, 2021. It is contained in O. Reg. 544/20: EXTENSION OF TEMPORARY SUSPENSION PERIOD. This will be useful for some Ontario corporations that have governing documents that don’t allow for virtual meetings as they will be able to have virtual meetings despite the governing documents until May 31, 2021. Any corporation with such restrictions should consider revising their governing documents to allow for virtual meetings. Alternatively consider moving out of the antiquated Ontario system to the Federal CNCA.

Here is the announcement:

We have extended some of the temporary legislative provisions to allow corporations governed under one of these four Acts to continue to hold meetings virtually until May 31, 2021:

  • Business Corporations Act
  • Co-operative Corporations Act
  • Condominium Act, 1998
  • Corporations Act

This will help businesses conduct meetings while practising physical distancing.

Original title of blog post: Ontario government has extended ability for OCA corporations to have virtual meetings until May 31, 2021

By Mark Blumberg, Blumbergs, Canadian Charity Law

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In addition to our regular guest bloggers, First Reference Talks blog published by First Reference, provides occasional guest post opportunities from various subject matter experts on the topics of human resources, employment/labour law, internal controls, information technology, not-for-profit, business, privacy, tax, finance and accounting, and accessibility in Canada among others. If you are a subject matter expert and would like to become an occasional blogger, please contact us. If you liked this post, subscribe to First Reference Talks blog to get regular updates.
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Article by Occasional Contributors / Business, Finance and Accounting, Not for Profit / corporate virtual meetings, governing documents, Ontario Corporations Act

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About Occasional Contributors

In addition to our regular guest bloggers, First Reference Talks blog published by First Reference, provides occasional guest post opportunities from various subject matter experts on the topics of human resources, employment/labour law, internal controls, information technology, not-for-profit, business, privacy, tax, finance and accounting, and accessibility in Canada among others. If you are a subject matter expert and would like to become an occasional blogger, please contact us. If you liked this post, subscribe to First Reference Talks blog to get regular updates.

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