One of the most important aspects of operating a non-profit is to have a board which can give direction to the organization. Without being comprehensive in terms of board duties, it must set policy, manage investments, handle personnel issues, raise funds and make strategic decisions, both long term and short term. But it should […]
By-laws: Tips and Traps
By: Sylvie Lalonde Discussions about By-laws will rarely generate much enthusiasm or interest. That is, until a situation arises where they must be consulted and you realize that the By-laws contain gaps, inconsistencies and simply do not work. When there is a challenge to procedures relating to the conduct of meetings, the By-laws are […]
Changes to the Canada Not-for-Profit Corporations Act – No Diversity Provisions
By: Karen Cooper As part of a legislative package intended to promote corporate transparency and diversity, Bill C-25 An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act and the Competition Act (“Bill C-25”) introduces changes to various federal corporate laws. The main purpose of Bill C-25 […]
Why Boards Should Not Allow Directors to Take a Leave of Absence
by: Sylvie Lalonde When people agree to join a board of directors, it is usually because they have an interest in or passion for the work of the organization. Most directors want and are committed to fulfilling their duties and responsibilities, including devoting the time to fully prepare for, regularly attend and participate in board […]