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What a year for Not-for-Profits and Charities! Bill C-470,
dealing with salary caps for charities, almost became law. Several
pieces of employment legislation impacted on organizations in the
sector. The CRA is in the midst of a program of audits of NFP
associations, clubs and organizations. The federal budget included
a number of relevant provisions. And, of course, the Canada
Not-for-Profit Corporations Act was proclaimed in force on October
17, 2011, giving corporations governed by the Canada Corporations
Act three years to continue under the new legislation.
At BLG we are here to help in dealing with all of these changes
and transitions. In this edition we address:
avoiding risk vis a vis volunteers
Competition Act issues
the impact of pension reform on not for profits and
charities
more on extra-provincial registrations
transitioning under the CNCA
what employment policies your organization should have
As always, let us know if you have any comments or
questions.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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An insider trading decision of the Alberta Securities Commission (the "Commission") released on April 10, 2013, provides a thoughtful and practical approach by a securities commission to its assessment of what constitutes a "material fact".
This article touches on some of the key types of businesses and explains what a might be the typical role of a lawyer in providing advice or assistance to you in setting up your business or in having others join you in your business.
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In our last post, we outlined some of the reasons why corporate spin-offs are used. In this post, we address some of the most common methods used to implement the corporate spin-off.
