2.Corporations that Receive Public Funding
Corporations that receive public funding
are subject to special
requirements
Different rules in the CNCA and ONCA
CNCA - Soliciting and Non-soliciting Corporations
All corporations
categorized into soliciting and non-soliciting
corporations
If a
corporation receives more than $10,000 in its last financial period from public sources, it will become a soliciting corporation
3 year status -
from the AGM in the following fiscal year for 3
years