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Non-profits get exemption
Year Published: 1992Resource Type: Article Cx Number: CX4451 Abstract: Ontario's proposed Employee Wage Protection Program has been amended to exempt the directors of non-profit and charitable organizations from personal liability for employee wages. The legislation, introduced by Ontario's NDP government, was intended to deal with companies which went out of business leaving workers unpaid. However, non-profits feared that the new legislation would make it impossible to find directors willing to accept the liability of sitting on a Board of Directors. Even under the existing legislation, directors of non-profits as well as for-profit corporations can be liable for up to six months wages and 12 months vacation pay. |