09 Feb Not-for-profit Corporations Act
– by Mark McAlister
New legislation from the Government of Canada makes these questions even more pressing. All federal non-profit corporations are required to file for a “Certificate of Continuance” by October 2014. This requires us to re-write our charter and by-laws, and ensure that all of our governance processes comply with the new Not-for-profit Corporations Act. YIKES – that’s alot of work!
Actually, I welcome the challenge. Like any living organism, corporations need to grow and change, and the new legislation gives us a helpful framework. The Council and Administrator have started to work through the transition guidelines and will make a preliminary progress report at the Annual Meeting in May. I encourage you to review the materials listed at the end of this article, and send us your comments, suggestions,and offers to help.
I participated in a governance seminar with John Bloom last year, and learned that governance is not a necessary evil – it’s the heart of our creative process. Can we overcome the inertia of Roman law (“power over”), and start manifesting the powers of the spiritual soul (“power with”)?
Background reading
Not-for-profit Corporations Act
Transition Guide
CRA Guidelines
Bloom Governance Seminar Notes
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