Until now there has not yet been an update from CRA on whether there is any extension of the filing requirements for non-profit corporations including the T2 Corporation Income Tax Return, and for non-profit corporations and others, the T1044 Non-Profit…
On March 27, 2020 there was an important announcement from the Federal government that they will be providing to small businesses a wage subsidy that could be as high as 75 percent. This is huge. It is a lot higher…
Here is a document entitled “Additional Support for Canadian Businesses from the Economic Impact of COVID-19“. In the Additional Support, it describes the Canada Emergency Business Account, which is a little misleading as that will provide $25 billion in interest-free…
The CBC recently reported “Some Toronto-area mosques remain open despite dire warnings about COVID-19“. This might be a problem for a number of different religious groups. It is important for charities from a charity regulation point of view to have…
Corporations Canada has email notices that you can sign up for dealing with the Canada Not-for-profit Corporations Act (“CNCA”), CBCA (business), and changes to online services. As well, you can get annual return reminders for your own particular CNCA corporation. …
I have gotten so many useless emails from companies talking about continuity of services etc. I thought I would share this email from CAA South Central Ontario that I thought was impressive. Essentially they are giving healthcare workers and first…
Corporations Canada sent today an email on “Annual meetings of federal corporations during the COVID-19 outbreak”. It is for both non-profits (CNCA) and for-profits (CBCA). It provides some good information on AGMs and how they can be held virtually or…
The Ontario government today provided a “Fiscal Update”. It provides $7 billion for health care and support for people. As well, it provides $10 billion for tax and other deferrals for businesses and individuals. There was a reference also to “Enhancing…
Here is the Notice of Ways and Means Motion to introduce An Act respecting certain measures in response to COVID-19 that is available on the Department of Finance website. It covers many issues relating to the COVID-19 crisis. One item…
As we noted in our recent blog on Canada’s COVID-19 Economic Response Plan Canadian charities and non-profits may be able to obtain a wage subsidy from the Federal government. It is a temporary wage subsidy for a three-month period for…
Update on March 26, 2020 Corporations Canada has now advised us today that with snail mail they will be having at the moment a staff person come in and sort the mail twice per week. So our suggestion still stands…
We just sent out our Blumbergs’ Canadian Charity Law List – March 2020 this morning. If you want to be on our email list to receive updates you can sign up here. March 2020
We are working hard to ensure that we can continue to work with our non-profit and charity clients as they are facing some of their greatest challenges. For some, it is dramatic changes such as cancelling major fundraising events or…
The Charities Directorate has announced that they are largely shut down at the moment. Many changes or filings can be done online and now may be a good time to checkout CRA’s online offerings. There are some CRA staff outside…
There is a backlash brewing against charities that are putting up desperate requests for funding but when people look at their annual report, financial statements, website or T3010 they see that the charity has a lot of money or other…
The CRA announced tonight that registered charities filing deadline for the T3010 that were or will be due from March 18, 2020 till December 31, 2020, will only be due on December 31, 2020. This will be a welcome relief…
The COVID-19 crisis is affecting charities in numerous ways. In this short note, we will discuss cancelling events and refunding money or attempting to turn that into a potential charitable donation. We have received a number of inquiries from clients…
Here is a document from finance released today Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses. It is a large package of different measures from the Government of Canada to deal with the COVID-19 crisis. It outlines some…
With the Charities Directorate call centre suspended till April 5, 2020, we thought we would have a Registered Charity Q&A on Friday, March 20. This will be a free opportunity for those with relatively straightforward questions to connect and we…
Over the last year, Blumbergs has released 8 online courses. In case you are interested we have provided over the next 2 weeks a 50% discount coupon for new registrants wishing to access our Blumbergs charity law courses. We realize…
Here is an updated Canadian Charity Legal Checklist by Mark Blumberg. It is a checklist for Canadian registered charities to assist them with managing compliance issues. We use it as part of our informal risk reviews that we do for…
SEE NEW BLOG WITH UPDATES CRA: Charities Directorate announces extension of T3010 filing deadlines till December 31, 2020 in response to COVID-19 — There has been a lot of pressure on CRA to announce changes to various tax deadlines. We…
Here is a message below from the CRA Commissioner that was recently distributed to employees of the CRA. It does not specifically mention the Charities Directorate but it is likely that much of the Charities Directorate will not be considered…
Lots has happened in Ontario over the last few days including Ontario public schools cancelled for the next 3 weeks, many universities cancelling in-person classes, major sporting events cancelled, etc. These preventative measures make a lot of sense in the…