www.carters.ca
www.charitylaw.ca
B. WHAT ARE THE REQUIREMENTS TO BE QUALIFIED
AS A DIRECTOR UNDER CORPORATE LEGISLATION?
1.Federal
Legislation
•Canada
Corporations Act (CCA)
–Directors must be at least 18
years of age and have power under law
to contract
–Directors do not have to be a
member of the corporation
–Ex-officio directors are permitted
•Canada
Not-for-Profit Corporations Act (CNCA)
–In order to be qualified as a
director, an individual must
§Be at least18
years of age
§Have not
been declared incapable by a court in Canada
or in another country
§Not have the
status of a bankrupt
4