News and Views

Prepare to Transition – What the New Ontario Not-For-Profit Corporations Act Means For Your Organization’s Governance

Did you hear? The new Ontario Not-for-Profit Corporations Act (the Act) came into force in late October 2021, reflecting an important move to modernize the corporate legislation for not-for-profits in Ontario.

Organizations incorporated under Ontario provincial legislation have three years to come into compliance (sigh of relief), but that doesn’t mean you shouldn’t be thinking about the transition now. With such diversity in the sector, the new legislation will have varying impacts, and this can be an opportune time to evolve your organization’s governance structure and approach, or to make long needed changes in these key areas.

Join WATSON’s Natasha Himer in conversation with fellow governance expert Teresa Budd as they host a webinar shedding light on key changes and answering your questions.

In this session, you will:

• Learn about key provisions in the new Act
• Think about the transition from a governance perspective
• Hear lessons learned from similar transitions in the BC and federal jurisdictions
• Explore what your board should be thinking about now as your organization prepares for this transition

Date: November 30, 2021

Time: 9:00 – 9:50 am PST / 12:00 – 12:50pm EST

Cost: FREE

Register here: https://us02web.zoom.us/webinar/register/6516365815082/WN_M3FfysUJRGaotRejYKQ53A

Change comes with a lot of questions, and we want to get to them all. Send us yours in advance at academy@watsoninc.ca