Canadian Nonprofit Organization
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A Canadian Nonprofit Organization is a nonprofit organization that is a Canadian organization (registered and operates within Canada, primarily focusing on serving public or community interests without the goal of making profits for owners or stakeholders).
- Context:
- It can (typically) be governed by the Canada Not-for-profit Corporations Act or provincial regulations, depending on its jurisdiction.
- It can (typically) rely on a combination of donations, government funding, and volunteer efforts for its operations.
- It can (often) engage in a variety of activities, including social services, education, health care, environmental protection, and cultural promotion.
- It can (often) be eligible for certain tax exemptions under Canadian law, provided it meets specific criteria set by the Canada Revenue Agency.
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- Example(s):
- Canadian Red Cross, which provides emergency relief, disaster response, and health services.
- Habitat for Humanity Canada, which focuses on building affordable housing and promoting homeownership.
- Mitacs, which focuses on research.
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- Counter-Example(s):
- American Red Cross, a similar organization but based in the United States.
- Shell Canada, a for-profit corporation operating in Canada.
- See: Nonprofit Organization, Canada, Charity, Volunteerism.