Friday, November 25, 2011

Learning about the Ontario Not-for-Profit Corporations Act

Terrence Carter
The Rouge Valley Health System Foundation teamed up with the Town of Ajax, The Ajax-Pickering Board of Trade and the Lakeridge Health Whitby Foundation to present a free information session on Nov. 23, regarding the Ontario Not-for-Profit Corporations Act (ONCA), previously Bill 65.

Held at the McLean Community Centre in Ajax, 125 representatives from not-for-profit and charity organizations around Durham Region and east Toronto took advantage of this free opportunity to get on top of this critical piece of legislation.

The ONCA will directly affect 46,000 Ontario organizations operating in the sector and will come into effect at the end of 2012. Guest speakers for this special event were  Terrance Carter, B.A., LL.B, Trademark Agent, and Theresa Man, B.Sc, M.Mus., LLB., LL.M. These two expert lawyers are authors, as well as speakers and counsel on legal issues involving charities and not-for-profits.

To learn more about these speakers, visit http://www.carters.ca/.

Special thanks to our presenters who gave a very informative and thorough presentation, spelling out the many issues charities face in preparing for the new act, as well as strategies to meet these new requirements.

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