By Terrance S. Carter, Theresa L.M. Man and Jacqueline M. Demczur

The Advisory Committee to the Charitable Sector (“ACCS”) has responded to the Department of Finance Canada’s (“Finance Canada”) request that the ACCS provide input into its public consultation about the disbursement quota (the “DQ”). Finance Canada announced it was launching a consultation about the DQ on August 6, 2021, with a closing date of September 30, 2021. Finance Canada indicated that it would “engage with the [ACCS]” and consider feedback “alongside input from the [ACCS] to help inform decisions on potentially increasing the disbursement quota and updating enforcement tools.” The August 31, 2021, submission from the ACCS (the “Submission”) was prepared with the expectation that it would help “inform the policy conversation about a modernized legislative and regulatory framework for charities in Canada.”

For the balance of this Bulletin, please see Charity & NFP Law Bulletin No. 502.

Read the September 2021 Charity & NFP Law Update