www.carters.ca
www.charitylaw.ca
ONCA - Public Benefit Corporations (PBC)
PBCs include
§Charitable
corporations - common law definition
§Non-charitable
corporations that receive more than $10,000
in a fiscal year in funding from public
donations, the federal or provincial governments,
or a municipality or agency
When a
non-charitable corporation reaches the $10,000
threshold, the PBC status wont attach until
the first annual meeting of members in the next fiscal year
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