Carters update indicates that after 10 months, Ontario Bill 85, Companies Statute Law Amendment Act, 2014 (ONCA) which received First Reading on June 5, 2013, was finally debated at Second Reading on April 10, 2014. Bill 85 contains key amendments to the Ontario Not-for-Profit Corporations Act (“ONCA”) that must be passed before the ONCA can be proclaimed. The debate was deemed to be adjourned on April 10, 2014, and was scheduled to continue at Second Reading on April 28, 2014, but has since been delayed. As it is not known how quickly Bill 85 will proceed through the Legislature, it is possible that proclamation of the ONCA may not happen before the first half of 2015. The not-for-profit sector in Ontario will have to wait until an official announcement is made by the Ministry to gain greater insight.