As the enabling corporate legal framework for most not-for-profits incorporated under provincial law, understanding the ONCA will be critical to lawyers who counsel both charitable and non-charitable not-for-profits. The OBA Charity and Not For Profit Law Section played a critical role in developing this statute and advocating for its proclamation. On November 25 and December 2 the OBA will be hosting an extensive program to provide insights into this transformational statute. You can register for this program here.
The official Ontario Government news release can be found here: https://news.ontario.ca/en/release/1000999/ontario-making-life-easier-with-new-business-registry.