Calling board meetings is a frequent responsibility for leaders of non-profit organizations in Canada. Board meetings provide an opportunity for directors to discuss and make decisions on important matters that affect the organization and its mission. Properly...
It is really important that you understand what laws apply to your non-profit and what those laws say. This article aims to highlight some of the most important laws that affect non-profits in Canada. Corporate Laws When most people think of corporations, they think...
If you have spent any time working in a non-profit, then you will know that the board of directors plays a critical role. But board members are busy people who usually have lots of outside responsibilities, and getting everyone in the Boardroom (or on a Zoom...
When a corporation is profitable, the directors of the corporation decide what to do with the profits. Options include reinvesting the profits into the business, paying down the corporation’s debt, paying bonuses to employees, or paying dividends to...
What’s going on? People who own shares in Canadian companies have been able to keep their shareholdings private… until now. Starting in January 2024, all corporations incorporated under the Canada Business Corporations Act will be required to submit information to...
