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For example, if a charity is incorporated it is subject to the rules of the incorporating statute. Therefore, an Ontario non-profit corporation must look in part to the Ontario Corporations Act and a federal non-share capital corporation is governed under the Canada Corporations Act. Different types of charities are subject to sectoral ...
To gain charity status, organizations must first register with the federal Canadian Revenue Agency under the Income Tax Act. [5] To be eligible for charitable tax status, charities need to provide a public benefit, such as poverty relief or education, [6] and they are limited in their business and political activities, including making profit or engaging in partisan behavior. [7]
Canada's Ecofiscal Commission [1] is an independent economics project formed in 2014 by a group of Canadian economists from across the country. [2] [3] Chaired by McGill University economist Christopher Ragan, the group seeks to broaden the discussion of environmental pricing reform beyond the academic sphere and into the realm of practical policy application.
The major change in UPMIFA compared to the previous model law (the Uniform Management of Institutional Funds Act) is that it replaces a requirement that nonprofits cannot spend below the original value of contributions or "historic dollar value" (HDV) with a new requirement that their investing and spending will be at a rate that will preserve ...
In Australia, nonprofit organizations include trade unions, charitable entities, co-operatives, universities and hospitals, mutual societies, grass-root and support groups, political parties, religious groups, incorporated associations, not-for-profit companies, trusts and more.
Until the 2009-2010 fiscal year, Ontario was the only province to have never received equalization payments. Canada's territories are not included in the equalization program - the federal government addresses territorial fiscal needs through the Territorial Formula Financing (TFF) program.
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The Public Policy Forum (PPF) is an independent, non-profit Canadian think tank for public-private dialogue. The organization's stated vision is "good policy for a better Canada, where everyone has an opportunity to flourish individually and together" [ 1 ]