Summary
Today, Minister Romano announced that our government is launching a new Ontario Business Registry on October 19, making it easier, simpler, and more affordable for millions of businesses and not-for-profit corporations to interact with the government.
The new online registry will replace outdated technology, providing the more than 2.5 million businesses and non-profits with direct access to over 90 government services 24 hours a day, 365 days a year for the first time ever.
Along with the launch of the Ontario Business Registry, the Not-for-Profit Corporations Act, 2010 will come into force on October 19, which will provide a modern legislative framework for Ontario’s not-for-profit corporations.
The legislation will significantly reduce the bureaucratic burden on not-for-profit corporations, moving from paper-based filings to digital services and providing them with enhanced flexibility.
Key Messages
- Ontario’s businesses and not-for-profit corporations are overdue for a new business registry that meets the needs of our modern economy and rapidly expanding digital world.
- That is why our government launched the new Business Registry, which will help ensure businesses can access the services they need quickly and efficiently.
- This modern online service will make it easier and more affordable for millions of businesses and not-for-profit corporations to access Ontario government services such as registering a business, incorporating a not-for-profit, and filing an annual return.
- For the first time ever, people across the province will have direct access to over 90 services 24 hours a day, 365 days a year and will be able to complete electronic transactions immediately, rather than taking weeks to do so through the mail or by fax.
- The current system was built nearly 30 years ago and runs on outdated technology. Ontario’s businesses and not-for-profit corporations are overdue for a new business registry that meets the needs of our modern economy and rapidly expanding digital world.
- At the same time, our government is enacting the Not-for-Profit Corporations Act, 201 which will significantly reduce the bureaucratic burden on not-for-profit corporations. This legislation will make it easier for them to access an online government system for registrations and filings, saving them time, reducing duplication of paperwork, and allowing them to focus more on serving our communities.
News Release
English: https://news.ontario.ca/en/release/1000749/province-launches-new-modern-ontario-business-registry