ONCA on track for 2020
The Ontario Not-for-profit Corporations Act (ONCA), the proclamation of which has been delayed over the past several years, is in track to come into force in early 2020.
According the the Government of Ontario, they are upgrading technology to support the changes and service delivery, and aiming for proclamation of the Act in early 2020. An announcement now gives not-for-profits 24 months' notice before enforcement.
The Government promises to provide further details and a 3 year transition period after ONCA is in force, for organizations to make necessary changes to their governing documents. They also promise to help support a smooth implementation.
Source: Government of Ontario Rules for not-for-profit and charitable corporations