The temporary suspension period for certain temporary legislative provisions permitting corporations governed under the Business Corporations Act,1990 (OBCA), Corporations Act, 1990 (CA), Not-for-Profit Corporations Act, 2010 (ONCA), Co-operative Corporations Act, 1990 (CCA) and Condominium Act, 1998 (Condo Act) to call and hold meetings virtually, is currently set to expire on September 30, 2022.
The Ministry is working on options to extend the effective period of the temporary legislative provisions beyond September 30 and will provide an update soon.