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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 won’t attach until the first annual meeting of members in the next fiscal year
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