June 25, 2009
The Canada Not-for-Profit Corporations Act (Bill C-4) received Royal Assent on June 23, 2009. This new federal legislation replaces the Canada Corporations Act. Any federal not-for-profit corporation incorporated under the old legislation will have three years (from a future date to be fixed by the federal cabinet) to apply for a certificate of continuance under the new legislation or face dissolution. No fees will be charged for this application for continuation.