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This comprehensive guide 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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