As we have noted in our blog on July 26, 2022, Hockey Canada is a Federal corporation under the Canada Not-for-profit Corporations Act (“CNCA”) and as a soliciting corporation, they are supposed to upload their financial statements to the Corporations Canada Online Filing Centre.

We noted then:

The main point I would make is that Hockey Canada correctly notes that it is a soliciting corporation. That is not surprising because if Hockey Canada under the CNCA receives more than $10,000 per year in public monies including donations, then Hockey Canada would be a soliciting corporation. One of the requirements of a soliciting corporation is that it is supposed to file financial statements every year with Corporations Canada (even if Hockey Canada files them separately with CRA as an RCAAA). You can see that their Certificate of Continuance is filed and By-laws but no financial statements are filed. Also, as Hockey Canada has over $250,000 in revenue and is a soliciting corporation, those financial statements are supposed to be audited.

Well, we can now report that Hockey Canada has just filed nine years of financial statements with Corporations Canada.

I have looked on their website and have still not found their past financial statements. There is an annual report but it does not download. They have a long way to go to achieve a basic level of transparency.

I will request from Corporations Canada copies of the financial statements and post them. Wouldn’t it be easier if they just put them on their website so that stakeholders can easily access them?

www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=1134558&V_TOKEN=null&crpNm=hockey%20canada&crpNmbr=&bsNmbr=

Federal Corporation Information