What Others Are Saying
Ontario is modernizing and strengthening the province's not-for-profit sector by introducing the new Not-for-Profit Corporations Act. The sector employs about 16 per cent of all employed Ontarians and generates nearly $50 billion in annual revenues. The proposed Act, would, if passed, make it easier for Ontario's 46,000 not-for-profit corporations to operate and do business in today's marketplace.
Ontario Nonprofit Network
"The current Act has not had a major revision for almost 50 years and needs updating. We were very grateful for the opportunity for the non-profit sector to contribute to the development of modern legislation. This legislation is critical for the sector's long-tem well-being."
-- Lynn Eakin, Ontario Nonprofit Network
"A vibrant not-for-profit sector is an important element of Ontario's economic, social, cultural and charitable fabric. New governance legislation will directly benefit approximately 46,000 Ontario organizations operating in the sector and indirectly benefit the many more who depend on the services that these organizations provide through their volunteers, donors, employees and members."
-- Wayne Gray, McMillan LLP
"We applaud the McGuinty government's recognition of the rich diversity and value of the Ontario not-for-profit sector and the transparent, inclusive process to solicit input on the modernization of the Ontario Corporations Act. The Ontario sport sector, which together with recreation forms the second largest not-for-profit and voluntary sector in Ontario, welcomes this highly anticipated revised legislation and looks forward to examining the proposed changes, critical to the well-being of our sector."
-- Margaret Emin, Chair, SPORT4ONTARIO