Canada Not-For-Profit Corporations Act Alberta Government

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Transition and Fees: Corporations currently incorporated under the Canada Corporations Act will have three years to apply for corporate status (transition) under the new Act.

There will be no fees for this process. If a corporation does not apply for transition within the three-year period, it may be dissolved by the Director appointed under the Act. Incorporation fees for new corporations under the Canada Not-for-Profit Corporations Act will be set by regulation. Currently, it costs $200 to apply for incorporation status, plus an additional $30 to file mandatory annual summaries.

Role of the Director: The Director Appointed Under the Act (Director) functions primarily as a public registrar of corporations and exercises some regulatory powers under the Act. For example, the Director is responsible for the issuance of certificates of incorporation, amalgamation, or dissolution of a corporation. The Director can order a corporation to change its name if the name is prohibited or deceptively misrepresentative. The Director may also apply to a court to have a corporation dissolved or, under certain circumstances, dissolve it himself. Previously, these powers were exercised under Ministerial discretion.

The Director is also provided with broad investigative powers in the event of a complaint. The Director may make an application to a court for a variety of actions, including: investigation of corporations or their affiliates; the appointment of inspectors; permission for inspectors to enter any necessary premises; require the production of documents; attendance at hearings; and all other powers that would be necessary for the investigation of a complaint.

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