The Government of Ontario has made regulatory amendments under the Business Corporations Act, Corporations Act, Co-operative Corporations Act and Condominium Act, 1998 and a new regulation under the Not-for-Profit Corporations Act that extend the effective period of temporary legislative provisions permitting corporations governed under these statutes to call and hold meetings virtually, as applicable, notwithstanding certain restrictions or requirements. The effective period of these temporary legislative provisions has now been extended to end on September 30, 2022. Over the course of the pandemic, the OBA has consistently advocated for the government to ensure that rules and regulations governing required meetings be amended to allow meetings to proceed virtually. This latest announcement is consistent with the OBA’s efforts.
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