This comprehensive guide from the B.I.G. Charity Law Group details the intricate processes of charity mergers and amalgamations in Canada, outlining when such strategic moves make sense, the legal distinctions between them, and the critical due diligence required.
It further explains the Canada Revenue Agency (CRA) approval requirements, the necessary member and board approval processes, and complex considerations for asset and liability transfers.
Finally, the episode addresses post-merger integration challenges and emphasizes the crucial role of professional support across legal, financial, and organizational development domains for successful outcomes.
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Support for Your Canadian Charity or Not-for-Profit
Running a successful charity requires passion for your mission and a rock-solid foundation. This episode is made possible by the professional teams who help organizations like yours thrive.
Legal Guidance for Canadian Charities: Navigating the legal landscape for charities and not-for-profits can be complex. Whether you're just starting or need to shore up your governance, you need a Charity Lawyer on your side.
B.I.G. Charity Law Group Professional Corporation A dedicated law firm exclusively serving charities and not-for-profits in Toronto, Ontario, and across Canada. Serving:
Bookkeeping & Tax Services for Ontario Charities: Keeping your charity's finances and tax filings in perfect order is essential for transparency and success. For specialized Charity financial management, we recommend:
A Special Mention: A huge thank you to our friends at OrgHub.ca, an innovative software platform that provides not-for-profits and charities across Canada with a streamlined, modern foundation for incorporation and corporate governance.