I would think that one of the positive things about this legislation is that it takes us out of the realm of an entity. If they don't just do exactly what's described in their objects, then somehow they don't have the legal authority to do it. That is gone with this legislation. That's a modernization step that I think is appropriate.
Where there is room and regulation already—I would suggest we don't need more--on the activities of non-profits or activities of charities, is through the income tax legislation. Really, this legislation sets up an environment where you can incorporate a membership-type corporation. The status of whether you're non-profit or charity is driven by the requirements of the Income Tax Act, not by this statute. I would suggest that's where they should remain. Heaven forbid we get conflicting requirements as to what qualifies where--in my view. I think for the sector, it would be much more straightforward to have regulation at the one level.