Ontario Decision Highlights Importance of Employment Contracts
September 2013 Charity & NFP Law Update
Quebec Charter Challenges Freedom of Religion
CRA News
Court Denies Application to Delay Revocation of Church’s Charitable Status
Religious School Wins Rare Delay of Revocation
Update on Number Status of CNCA Continuances
Public Foundations May Not Acquire Control Through 100% Share Donations
Non-Profit Organizations Accepting Donations to Capital Funds
New CRA Webpage on Amalgamations, Mergers, and Consolidations
Ontario Human Rights Tribunal Rules That Atheism Is Protected As a ‘Creed’
Ontario’s Not-for-Profit Corporations Act, 2010 Update
Ontario Decision Highlights Importance of Employment Contracts
Proposed Employer Health Tax Act Amendments May Impact Charities
Proposed Payday Lending Amendments in Ontario May Affect Microlending
Deadline for Comments on CICA Handbook Amendments Extended
Charity Law Update – September 2013
Updating Charities and Not-For-Profit Organizations on recent legal developments
Legislation Update
Aug 2023 Charity & NFP Law Update
Department of Finance Introduces 2023 Draft Budget Implementation Legislation
The Department of Finance released draft budget implementation legislation for the 2023 Federal Budget on August 4, 2023, Legislative Proposals Relating to the Income Tax Act and the Income Tax Regulations (Budget 2023 and other proposals). The draft legislation proposes amendments to the alternative minimum tax (“AMT”) for high-income individuals under the Income Tax Act, amongst other changes. The proposed changes to the AMT may impact gifts to charities by high net worth donors for taxation years that start after 2023. For further details on the proposed revisions to the AMT which will affect charities, please see Proposed Legislation on Alternative Minimum Tax (AMT) Changes will Impact Charities.
The Government of Canada is holding a public consultation to obtain feedback on the proposed budget implementation legislation until September 8, 2023. Comments can be sent to [email protected].
Federal Government Holds Pre-Budget and AML/ATF Consultations
In the long lead-up to the 2024 Federal Budget, Canadians were invited to submit comments and suggestions in response to the House of Finance Committee’s pre-budget consultations. The pre-budget consultations were open for public comment to “convey their priorities for the government’s forthcoming budget”, and were held between June 16, 2023 and August 4, 2023.
As well, the Government of Canada held a consultation regarding various measures introduced in the 2023 Federal Budget. One consultation in particular focused on strengthening Canada’s anti-money laundering and anti-terrorist financing regime. Feedback was sought regarding measures to:
- Enhance operational results regarding detection and disruption of money laundering and terrorist financing activities;
- Address risks and vulnerabilities, such as those posed by new financial technologies, as well as those related to national and economic security;
- Strengthen and modernize the AML/ATF legislative and regulatory framework;
- Uphold Canada’s international commitments to implement measures against money laundering and terrorist financing; and,
- Respond to findings of domestic reviews, such as the Commission of Inquiry into Money Laundering in British Columbia (also known as the Cullen Commission).
The consultation ran from June 6, 2023 to August 1, 2023. Several sections of the Canadian Bar Association, including the Charities and Not-for-Profit Law section, prepared a submission in response to this consultation. For further details, please see AML/ATF Update.