Innovation, Science and Economic Development Canada (formerly Corporations Canada) has announced that all federally incorporated non-profits are required to receive their certificates of continuance by July 31, 2017. Corporations that fail to transition by that date, including registered charities, will be dissolved. As previously reported, dissolution may result in a variety of unfavourable consequences for your organization, especially if your organization is a registered charity.
In order to avoid dissolution, we encourage organizations that have not yet filed for continuance to do so immediately. One of our Social Impact lawyers would be happy to assist.
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