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National Council for Reconciliation Act (S.C. 2024, c. 8)

Act current to 2024-06-19

Annual Reports (continued)

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Marginal note:Report of Council

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     (1) The Council must, within three months after the end of each financial year, submit to the Minister an annual report setting out

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      (a) the Government of Canada’s post-apology progress towards reconciliation;

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      (b) the progress being made towards reconciliation across all levels of government and sectors of Canadian society; and

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      (c) the Council’s recommendations respecting measures to promote, prioritize and coordinate reconciliation in all sectors of Canadian society and by all governments in Canada.

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    Marginal note:Tabling in Parliament

    (2) The Minister must cause a copy of the report to be laid before each House of Parliament on any of the first 15 days on which that House is sitting after the day on which the report is received.

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    Marginal note:Government response

    (3) Within 60 days after the day on which the report under subsection (2) is laid, the Prime Minister must, on behalf of the Government of Canada, respond to the matters addressed by the report that are under the jurisdiction of Parliament by publishing an annual report on the state of Indigenous peoples that outlines the Government of Canada’s plans for advancing reconciliation.

Financial Report

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Marginal note:Contents

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     (1) Within six months after the end of each financial year, the Council must make public

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      (a) the documents and information that are required to be placed before the members of the Council under section 172 of the Canada Not-for-profit Corporations Act; and

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      (b) a detailed statement of the Council’s investment activities during that year, its investment portfolio as at the end of that year and its management of funds that it has received during the year.

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    Marginal note:Audit engagement

    (2) The comparative financial statements referred to in paragraph 172(1)(a) of the Canada Not-for-profit Corporations Act must be subject to an audit engagement.

Dissolution

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Marginal note:Distribution of property

 In the case of dissolution of the Council under Part 14 of the Canada Not-for-profit Corporations Act, any property remaining on liquidation after the discharge of any liabilities of the Council, other than property referred to in section 234 of that Act, is to be distributed to one or more qualified donees, within the meaning of the Income Tax Act, specified by the Minister, that have a similar purpose to the Council.

Coming into Force

Marginal note:Order in council

Footnote * This Act comes into force on a day to be fixed by order of the Governor in Council.

 

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