Corporate Update

Published on

May 25, 2017

Corporations Canada Increases Online Services

On May 17, 2017, Corporations Canada announced that it is providing a new service to allow not-for-profit corporations incorporated under the Canada Not-for-profit Corporations Act to submit requests online to amend their articles of incorporation. The service is provided through its Online Filing Centre for a fee of $200. The service standard for the amendment is “Same day/Next Day Service”. The Online Filing Centre already allows federal not-for-profit corporations to incorporate, file annual returns, and file by-laws online, among other services.

BC Releases Guide for Transitioning Societies

With the new British Columbia Societies Act having come into effect on November 28, 2016, all pre-existing societies in B.C. must transition to the new Act by November 28, 2018 under Part 16 of the new Act. This is done by filing online with the registrar a transition application consisting of a constitution, by-laws (consolidating all by-laws into a single set of by-laws) and a statement of directors and registered office of the society. The British Columbia Corporate Registry’s website contains many helpful resource tools to help societies to transition to the new Act. In particular, Preparing for B.C.’s New Societies Act: A Guide to the Transition Process and Filing Guide: How to file a Transition Application in Societies Online are most helpful.