October 2016 Charity & NFP Law Update
– Charity Manager Awarded Twenty Four Months Notice
– CRA News
– CRA Updates Guidance on GST/HST Information for Charities
– Reminder of the Political Activities Consultations
Legislation Update
– Budget Implementation Act, 2016, No. 2 is Released
– Bill C-2 Amending the ITA on Donation Tax Credits Receives Second Reading in the Senate
– 2017 Public Budget Consultations
– Technical Amendments to the Canada Not-for-profit Corporations Act
– Proceeds from Segregated Fund Policy Donated to Charity Do Not Realise Nil Capital Gains
– Improvement Districts are Municipal Bodies for the Purposes of the Income Tax Act
– Marrakesh Treaty Comes Into Force
– Supply of Dietetic Services to a Public Sector Body Exempt from GST/HST
– Tax Court Dismisses Appeal from Assessment due to Fraud
– FATF Evaluates Canada’s Anti-Money Laundering and Counter-Terrorist Financing Regime
– Charities Legislation & Commentary, 2017 Edition Now Available!
Charity Manager Awarded Twenty Four Months Notice
CHARITY & NFP LAW BULLETIN NO. 392
In Ozorio v Canadian Hearing Society (“Ozorio”), a managerial employee who was terminated on a without cause basis by her employer at age sixty after thirty years of service was awarded twenty-four months compensation in lieu of notice by the Ontario Superior Court of Justice. The Ozorio decision highlights and summarizes the pay in lieu of notice principles applicable for older employees with significant terms of service.
This Charity & NFP Law Bulletin will review the Ozorio decision and comment on how charities and not-for-profits, as employers, may limit liability exposure to terminated employees by the use of employment contracts.
For the balance of this Bulletin, please see Charity & NFP Law Bulletin No. 392.
FATF Evaluates Canada’s Anti-Money Laundering And Counter-Terrorist Financing Regime
Anti-Terrorism and Charity Law Alert No. 47
The Financial Action Task Force (“FATF”) released a report on September 15, 2016, entitled “Anti-Money Laundering and Counter-Terrorist Financing Measures: Canada – Mutual Evaluation Report September 2016” (the “2016 Mutual Evaluation”). This report examines Canada’s anti-money laundering and anti-terrorist financing measures for compliance with the FATF Recommendations, following an on-site visit which took place from November 3-20, 2015. This is the fourth mutual evaluation the FATF has performed with Canada. The FATF is an inter-governmental body responsible for setting and monitoring international standards for combating money laundering and financing of terrorism and proliferation. The FATF Recommendations are forty international standards that countries are asked to comply with in order to counter money laundering and terrorist financing.
For the balance of this Bulletin, please see Anti-Terrorism and Charity Law Alert No. 47.