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.
