The Ontario Ministry of Government & Consumer Services (MGCS) has released an update regarding the status of the Ontario Not-for-Profit Corporations Act (ONCA) that delays implementation once again. The Ministry will now give at least 24 months notice to the sector before proclamation.
There have been a series of delays affecting proclamation of this Act and, given it passed 3rd reading in 2010, it will be almost a decade before it is fully implemented.