We would like to inform our clients that Industry Canada will no longer be issuing Certificates of Corporate Status (known as Certificate of Compliance) for those corporations that were formed by a Special Act of Parliament.
Now that the new NFP Act has come into force, Industry Canada advises that Special Act of Parliament corporations now fall under its legislation as of October 17, 2011. As such, Industry Canada no longer has the authority to issue Certificate of Corporate Status for Special Act of Parliament corporations under the legislation that was previously governing these companies.
However, in lieu of Certificate of Compliance, Industry Canada can issue Compliance Letters stating that the Special Act of Parliament corporations have sent all the required filings.
The Compliance Letter is ordered the same as a manual Certificate of Compliance. It takes 1-2 business days and there is NO government fee associated with it.
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Office telephone number : 416.595.7177