Articles

Transitioning Your Ontario Not-For-Profit

Jan 28, 2015
Field

The Ontario Not-for-Profit Corporations Act, 2010, SO 2010, c 15 (“ONCA”)[1] is expected to come into force after 2015[2], at a yet to be determined date. Every not-for-profit (“NFP”) incorporated under an act of the Ontario legislature, including the current Ontario Corporations Act (“CA”) should ensure compliance with the new legislation. NFPs are corporations without…

Read More

Transitioning Your Federal Not-For-Profit

Oct 9, 2012
Coffee

The Canada Not-for-profit Corporations Act, SC 2009, c 23 (“NFP Act”) came into force October 17, 2011 and replaces Part II of the Canada Corporations Act, RSC 1970, c C-32 (“CCA”). To avoid dissolution, all federally incorporated not-for-profits (“NFPs”) will have to transition to the NFP Act prior to October 17, 2014. Until this transition…

Read More

Raising Money for your Corporation

Feb 16, 2010
Hawthorn Berries

Prior to reading this article see the previous articles on How to Organize your Ontario Business and on How to Incorporate in Ontario. Once a corporation has been incorporated and organized, entrepreneurs that cannot fund things on their own often turn their minds to how to finance the company. Broadly speaking a corporation can procure…

Read More

Structuring your Equity Offering

Feb 16, 2010
Morning Jog

Prior to reading this article see the previous articles on How to Organize your Ontario Business, How to Incorporate in Ontario and Raising Money for your Corporation. When setting up a new corporation and/or preparing for an initial equity offering one important consideration is the share structure that will be used for the company. One…

Read More