The Canada Not-for-profit Corporations Act, SC 2009, c 23, is slated to come into force as of October 17, 2011, which means that corporations currently governed by the Canada Corporations Act will need to make the transition to the new statute by October 17, 2014. The Industry Canada website has a good transition guide that seems designed to warm the cockles of a tax lawyer’s heart (“Step 1, Step 2, Step 3”).
