Category: Northfield News

What Are the Annual Reporting Requirements for Canadian Charities?

Running a charity in Canada involves more than just fundraising and community work, it also requires meeting strict annual reporting requirements. These reports help ensure transparency, legal compliance, and accountability to donors and the government. Failure to meet these obligations can result in penalties, loss of tax-exempt status, or even revocation of charitable registration.

All Canadian registered charities must file Form T3010 with the CRA within six months of their fiscal year-end. This return includes financial statements, program details, and governance information. Missing this deadline can result in the revocation of charitable status.

This guide breaks down the key annual reports Canadian charities must file, including additional requirements for soliciting corporations.

Why Do Canadian Charities Need to File Annual Reports?

Registered charities must submit annual reports to maintain their status with:

• Canada Revenue Agency (CRA) for tax-exempt privileges
• Corporations Canada for federally incorporated charities
• Provincial authorities (e.g., Ontario’s ONCA or BC’s Societies Act), if incorporated at the provincial level‍

Failure to file the required reports can lead to penalties, loss of charitable status, or corporate dissolution.

‍Key Annual Reporting Requirements for Canadian Charities

1. T3010 Registered Charity Information Return (Mandatory for All Charities)

‍All registered charities must file the T3010 Registered Charity Information Return with the CRA. This report includes:

• Basic details about the charity (name, registration number, contact info)
• Financial statements (revenues, expenses, assets, and liabilities)
• Donations and fundraising revenue
• Salaries for part and full time employees
• Programs and activities
• Tax receipts issued to donors

Due date: Six months after the fiscal year-end.

Example: For a charity with a fiscal year ending December 31, the return is due by June 30 of the following year. The T3010 can be submitted online, by mail, or through a qualified accountant or lawyer.

‍Failing to submit it on time may lead to the revocation of charity status.‍

‍2. Federal Annual Corporate Return with Corporations Canada (For Federally Incorporated Charities)

‍Charities incorporated under the Canada Not-for-Profit Corporations Act (NFP Act) must file an Annual Corporate Return (Form 4022) with Corporations Canada. This includes:

• Charity’s name and registered office address
• Updated director information
• If the corporation is soliciting corporations
• Date of the last Annual General Meeting (AGM)

Due date: Within 60 days after the anniversary of incorporation. The return can be filed online or by mail. Failure to file could result in corporate dissolution.

‍3. Soliciting Corporations – Additional Requirements

‍A soliciting corporation is a federally incorporated charity that receives more than $10,000 in public donations or government funding in a year. These charities must meet additional requirements, including:

• Having a minimum of three directors, with at least two not being officers or employees of the charity
• Financial reporting rules based on revenue:
  • $1M+ revenue = audited financial statements
  • $250K–$1M revenue = financial review by a licensed accountant
  • Under $250K revenue = no audit required, but records must be available

Failure to meet these requirements can lead to sanctions or loss of federal corporate status.

‍4. Provincial Annual Reporting Requirements

‍Charities incorporated under provincial nonprofit laws must comply with additional reporting obligations based on their location. Examples include:

• Ontario: Charities under ONCA must file an Annual Return and submit audited financial statements if revenue exceeds $500,000.
• Other provinces, like Alberta,  British Columbia, Quebec, and Manitoba, also have their own corporate renewal and financial disclosure requirements. Failure to meet provincial reporting can result in corporate dissolution.

5. Charity Tax Receipts & Record-Keeping

‍Registered Canadian charities can issue official tax receipts for eligible donations and keep records for at least six years. A tax receipt should include:

• Charity’s full legal name and registration number
• Donor’s full name and address
• Date and amount of donation
• Signature of an authorized representative
• CRA disclaimer confirming the charity’s registration

Incorrect receipts could lead to CRA audits and penalties.

‍What Happens If a Charity Misses a Filing Deadline?

‍Missing a reporting deadline can lead to:

• Loss of charitable status (T3010 return)
• Corporate dissolution (federal or provincial returns)
• Financial penalties (soliciting corporations)

If a charity loses its status, it must reapply for registration, which can take months and involve revocation taxes on remaining assets.

‍How to Stay Compliant with Annual Reporting?

‍To stay compliant:

• Mark deadlines on a calendar
• Use accounting software like QuickBooks or Sage to track financials
• Hire a professional accountant or lawyer to ensure compliance
• Keep organized records (tax receipts, financial statements) for six years
• Review CRA and Corporations Canada updates to stay informed on rule changes

Final Thoughts

‍Annual reporting is a legal obligation for Canadian charities and is essential for maintaining tax-exempt status and public trust.

The T3010 filing process involves detailed financial reporting and strict deadlines. Professional help ensures you meet all obligations while focusing on your mission.

Whether filing the T3010, federal corporate returns, or provincial reports, staying compliant helps your charity stay operational and focused on its mission.

Need help with charity registration, compliance, or reporting? 

Contact us today to ensure your charity stays compliant and operational!

Get started now:

• Email us at info@northfield.biz
• Call (416) 317-6806
• Visit https://www.northfield.biz/
• Schedule a FREE consultation

Frequently Asked Questions on Charity Reporting in Canada

We’ve answered the most common questions about Canadian charity reporting requirements to help you stay compliant.

What do charities need to report in Canada?

Canadian charities must file Form T3010 with the CRA annually, including financial statements, program activities, governance information, and fundraising details. Federally incorporated charities also file corporate returns with Corporations Canada.

What is an annual report for a charity?

An annual report for charities is the T3010 Registered Charity Information Return that documents your organization’s finances, activities, and compliance with CRA regulations. It’s required within six months of your fiscal year-end.

What are the requirements for charitable status in Canada?

To maintain charitable status, organizations must have charitable purposes, file annual T3010 returns, meet disbursement quotas (3.5% of assets), issue proper donation receipts, and keep detailed records for six years.

How do I report a charity in Canada?

You can report charity concerns to the CRA’s Charities Directorate online, by phone at 1-888-892-5667, or by mail. Provide the charity’s name, registration number, and details about your concerns.

What should an annual report contain?

Your T3010 annual report must include financial statements, revenue and expense details, program descriptions, governance information, director details, and fundraising activities. Financial statements require professional audit if revenue exceeds $250,000.

How to create an annual report?

File your T3010 online through CRA’s My Business Account or Represent a Client portal. Gather financial records, prepare required schedules, complete all sections accurately, and submit before your six-month deadline.

Working with Our Firm

In this evolving economic landscape, collaboration with our firm offers clients a strategic advantage. With Cambodia’s reform-driven investment environment and Canada’s expanding footprint in Southeast Asia, our team of experienced consultants and legal advisors provides tailored guidance to help businesses navigate cross-border opportunities. We focus in developing comprehensive legal strategies, structuring international partnerships, and ensuring compliance in emerging markets.

By leveraging our regional insight and international expertise, you benefit from a trusted partner dedicated to helping you capitalize on growth potential in Cambodia and beyond.

At Northfield & Associates are focus in Foreign Direct Investment (FDI), international trade missions, and cross-border legal strategy. Our team of experienced consultants and legal advisors offers tailored guidance and strategic insight to help you navigate the complexities of international partnerships and development opportunities.

Whether you choose to meet in person at one of our offices or connect virtually, we provide flexible and accessible consultation options. During your session, we’ll assess your goals, review key documentation, and guide you through every stage of your FDI or trade mission engagement.

Let us help you take the next step with confidence supported by trusted legal and strategic counsel every step of the way.

Take the First Step Today

If you believe you may be eligible for legal relief or simply need sound legal advice, we’re here to help. Contact us today to book your consultation. Let us provide the clarity, strategy, and peace of mind you need to move forward.

We serve our clients in English, Cambodian, Vietnamese, Mandarin and Cantonese, especially in Asian clients.

• If you or anybody that you know, think that you meet the requirements and wish to receive further information.
• We can help you start the application process and confirm eligibility requirements to participate.
• We Offer Consultations & Meetings by Phone & Virtually. Affordable Fees.

About Northfield

Northfield & Associates International Corporation is a global consulting firm serving private enterprises, public institutions, not-for-profit organizations, and institutional capital providers. Operating across Cambodia, Canada, and global markets, the firm supports capital deployment, regulatory navigation, and enterprise decision-making in complex economic and geopolitical environments. Northfield & Associates delivers customized, execution-focused advisory solutions that drive measurable transformation, strengthen competitiveness, and enhance long-term highest value opportunities. The firm incorporates consulting, legal, regulatory, financial, and risk expertise to enable disciplined capital allocation, strong governance, and operational resilience. Northfield & Associates upholds a culture of applied insight and innovation, supporting clients across digital transformation, growth strategy, and organizational capability building. The firm advises individual, leading global corporations, midsize enterprises, government agencies, and mission-driven organizations through long-term partnerships. Enterprise-wide risk management, professional ethics, and fiduciary standards are embedded across all operations. Northfield & Associates’ diverse, globally unified teams are committed to execution certainty and sustainable, risk-adjusted returns aligned with ESG and stakeholder objectives.

Forward-Looking Information

This news release contains forward-looking information. All statements, other than statements of historic fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information.

This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company.

Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the failure to finalize negotiations concerning the increase of the Loan or to close such transaction and the failure of the Company to complete the acquisition of the Company Facility; operating performance of facilities; environmental and safety risks; delays in obtaining or failure to obtain necessary permits and approvals from government authorities; unavailability of plant, equipment or labour; inability to retain key management and personnel; changes to regulations or policies affecting the Company’s activities; and the other risks disclosed under the heading “Risk Factors” and elsewhere in the Company’s amended annual information.

Forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

Questions?

info@northfied.biz

Within Corporate Newsroom  

Media Contact:

media@northfied.biz

Press contact 

PR consultants
press@northfied.biz

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Northfield & Associates professionals will be pleased to discuss resolutions to specific legal concerns you may have.

FOR IMMEDIATE RELEASE

Canada is home to many diverse communities in all of its provinces and territories! Explore what some of these provinces and territories have to offer is crucial to your visit or plans to immigrate to Canada!

British Columbia

A Pacific Paradise

British Columbia is a province in western Canada, renowned for its stunning natural beauty. With its picturesque Pacific coastline, majestic mountains, and vibrant cities like Vancouver, it offers a diverse range of attractions for visitors.

The province’s rugged coastline stretches along the Pacific Ocean, providing breathtaking views and opportunities for outdoor activities such as whale watching and kayaking. Inland, the imposing Rocky Mountains dominate the landscape, offering hiking trails that lead to mesmerizing alpine lakes and snow-capped peaks.

Vancouver, one of Canada’s most populous cities, is a bustling metropolis nestled between mountains and ocean. It boasts a thriving arts scene, multicultural neighborhoods, and a plethora of outdoor recreational options. From exploring Stanley Park to enjoying world-class cuisine in Gastown, there is something for everyone in this vibrant city.

Quebec

A Blend of Cultures

Quebec stands out as Canada’s predominantly French-speaking province with a rich cultural heritage. Its charming cities like Montreal captivate visitors with their European flair combined with modern urban amenities.

Montreal is known for its vibrant arts scene, lively festivals such as the Jazz Festival and Just For Laughs Comedy Festival, and its iconic Notre-Dame Basilica. The city seamlessly blends old-world charm with contemporary architecture and offers an array of culinary delights influenced by both French and international cuisines.

Old Quebec City transports visitors back in time with its cobblestone streets lined with quaint shops and cafes. This UNESCO World Heritage site boasts historic landmarks such as Château Frontenac and the fortified walls surrounding the old town. The annual Winter Carnival adds an extra touch of magic to this enchanting destination.

Yukon Territory

Wilderness Adventures Await

For those seeking untamed wilderness experiences coupled with intriguing history, the Yukon Territory is an ideal destination. Known for its vast expanses of unspoiled nature, this region offers unparalleled opportunities for adventure.

The Yukon is famous for its stunning landscapes, including the majestic peaks of Kluane National Park and Reserve. Outdoor enthusiasts can explore hiking trails, go fishing in pristine lakes, or embark on wildlife-watching expeditions to spot bears, moose, and caribou.

The territory’s gold rush history comes alive in Dawson City, a charming town that preserves its heritage from the Klondike Gold Rush era. Visitors can try their hand at gold panning or immerse themselves in the stories of prospectors at the Klondike National Historic Sites.

Considering Immigrating to Canada?

If you are considering immigrating to Canada, Northfield & Associates can provide you with expert guidance and assistance. Our team is experienced in family class sponsorships and can help you navigate the process successfully and require guidance or assistance, navigating the complex landscape of immigration laws can be challenging, but you don’t have to face it alone. Northfield & Associates is here to assist you in understanding your options and finding the best solutions tailored to your unique circumstances.

Look no further than Northfield & Associates:

Our experienced team can provide a thorough assessment of your specific situation and suggest the best immigration options tailored to your circumstances.

Disclaimer: The information contained in this article is provided for general information purposes only and does not constitute legal or other professional advice. Readers should seek tailored legal advice in relation to their personal circumstances.

We serve our clients in English, Cambodian, Vietnamese, Mandarin and Cantonese, especially in Asian clients.

• If you or anybody that you know, think that you meet the requirements and wish to receive further information.
• We can help you start the application process and confirm eligibility requirements to participate.
• We Offer Consultations & Meetings by Phone & Virtually. Affordable Fees.

Book a Consultation Today

Contact Northfield & Associates today to schedule a consultation with an experienced Consultant.

Book a call with a Consultation

Join the community of Northfield & Associates

Connect with peers and community ambassadors to hear real experiences, tips, and advice about studying abroad.

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About Northfield

Northfield & Associates International Corporation is a global strategic advisory and consulting firm partnering with private equity, sovereign, and institutional investors to deploy capital, manage regulatory, supporting senior leadership, boards, and capital providers across Cambodia, Canada, and international markets operating in complex regulatory, economic, and geopolitical environments, and drive enterprise value creation across complex global markets.

We advise boards, executives, entrepreneurs, and public-sector decision-makers on business strategy, institutional transformation, and high-stakes market challenges requiring disciplined judgment, capital efficiency, and execution certainty. Our work is concentrated across priority global sectors, including agribusiness, aviation and automotive, energy and natural resources, financial services, healthcare, infrastructure, real estate, immigration, education, and information technology.

Our platform integrates sector-specific intelligence with multidisciplinary advisory capabilities. Clients benefit from coordinated access to consulting, legal and regulatory counsel, financial management, risk assessment, real estate advisory, immigration, education, and technology expertise. This integrated model supports informed capital allocation, regulatory-compliant investment structuring, and execution-ready strategies designed to optimise returns, preserve downside protection, and enhance risk-adjusted performance.

Northfield combines consulting rigor with legal and regulatory judgment to support capital markets-aligned decision-making in complex, regulated, and rapidly evolving environments. We partner with private enterprises, institutional investors, family offices, and public-sector entities to structure, deploy, and manage capital effectively; strengthen governance; mitigate regulatory and geopolitical risk; and drive sustainable enterprise value creation.

Our engagements span strategy formulation, operational optimisation, organisational design, and change execution. We deliver measurable outcomes that improve financial performance, support disciplined growth, enhance valuation, and generate durable returns on investment for investors, shareholders, and institutional stakeholders. We operate with independence, precision, and accountability, aligned with long-term value creation and fiduciary standards.

Forward-Looking Information:

This news release contains forward-looking information. All statements, other than statements of historic fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information.

This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company.

Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the failure to finalize negotiations concerning the increase of the Loan or to close such transaction and the failure of the Company to complete the acquisition of the Company Facility; operating performance of facilities; environmental and safety risks; delays in obtaining or failure to obtain necessary permits and approvals from government authorities; unavailability of plant, equipment or labour; inability to retain key management and personnel; changes to regulations or policies affecting the Company’s activities; and the other risks disclosed under the heading “Risk Factors” and elsewhere in the Company’s amended annual information.

Forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

Questions?

info@northfied.biz

Within Corporate Newsroom  

Media Contact:

media@northfied.biz

Press contact 

PR consultants
press@northfied.biz

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Northfield & Associates professionals will be pleased to discuss resolutions to specific legal concerns you may have.

1. What financial reporting obligations do Canadian charities need to meet?

Canadian charities have specific financial reporting obligations mandated by the Canada Revenue Agency (CRA) and, if applicable, the Public Sector Accounting Board (PSAB). These obligations include submitting annual financial statements that outline revenues and expenses and complying with regulations to maintain charitable status. Adhering to these standards demonstrates a charity’s responsibility and commitment to its cause.

2. How should charities differentiate between restricted and unrestricted funds in their accounts?

Charities should differentiate between restricted funds, which donors designate for specific purposes, and unrestricted funds, which can be used for general operational expenses. This understanding helps charities make informed decisions, ensuring transparency and compliance with donor intentions.

3. What are the best practices for recording and managing donations?

Best practices for recording and managing donations include:

• Accurate record-keeping.
• Issuing timely tax receipts by CRA guidelines.
• Documenting and utilizing donations correctly, especially when there are specific restrictions.

Transparency in donation management is essential for building and maintaining donor trust.

4. How should charities account for non-cash contributions such as in-kind donations?

When accounting for non-cash contributions such as in-kind donations, charities should record them at their fair market value to accurately reflect the charity’s resources in financial statements.

5. What are the regulatory requirements for executive compensation and financial controls in charities?

Charities must ensure that executive compensation is fair and aligned with industry benchmarks. This not only ensures ethical practices but also compliance with CRA guidelines and best practices.

Additionally, implementing strong financial controls is vital to prevent fraud and ensure efficient use of resources.

Navigating director compensation rules can be complex.

Contact Northfield & Associates for expert guidance on compliance requirements. Our team understands Canadian charity law and can help ensure your organisation follows proper procedures.

Get professional support today by email at info@northfield.biz, by phone at (416) 317-6806, or visit us or Schedule your free consultation to discuss your specific circumstances and receive expert assistance throughout the reinstatement process with our experienced legal team.

What We Do!

We’re often asked by prospective clients what our Bookkeeping Service covers?  People want to know what specific tasks we do, and what their responsibility is.  This brief explainer page will answer that question.  This is by no means an exhaustive list, but covers the most frequently asked questions.

Getting Started

• Review your existing books for needed corrections or back-work
• Chart of accounts setup or amendment
• Assistance with setting up bank feeds
• Limited assistance* with setting up payroll (QBO or Gusto only)
• Your books brought current and reconciled if needed

Ongoing Monthly Bookkeeping

• After-the-fact transaction recording
• Post to general ledger
• Post to other ledgers (as needed)
• Bank account reconciliation
• Monthly financial statements
• Other bookkeeping services, as required
• Best-practice bookkeeping advice and counsel

Year End

• Assistance with 1099-NEC preparation*
• Assistance with 1099-MISC preparation*
• Year-end financial statements and period-end closing

What We Don’t Do

Pay bills

We do not offer bill-pay services at this time, nor do we manage Accounts Payable (AP) or Accounts Receivable (AR).

Payroll tax responsibility

Our bookkeepers can assist you in setting up your initial payroll service in QBO or Gusto. We are not responsible for entering payroll hours/salary, accruing payroll taxes, nor the transmittal of payroll taxes to the IRS or the state.  Your full-service payroll provider (QBO, Gusto, or whatever other service a client uses) will be the responsible party for payroll and payroll tax compliance.

*Payroll deductions and benefits

We provide assistance with setting up a payroll account in either Quickbooks Online or Gusto, including entry of employee data.  We do not assist in state registrations, benefits, or advise on deductions.  Those service areas are provided directly by either QBO or Gusto.

Preparation of W2s

Similar to the last item, your full-service payroll provider (QBO/Gusto) is responsible for preparation of Form W2 for employees.

Sales tax reporting

For those nonprofits that sell taxable goods and/or services, your bookkeeper will assist in accounting for sales taxes collected and transmitted, but we do not prepare state sales tax reports.

Donation recording

We do not provide individual donation data entry into your neither your donor CRM nor Quickbooks Online, nor do we prepare year-end donor acknowledgements.

Administrative tasks

We cannot provide administrative services unrelated to our bookkeeping function.

Attend board meetings

Due to the constraints of time and distance, we are unable to be present, physically nor virtually, at a meeting of a client’s board of directors.*May incur additional fee per 1099-NEC or 1099-MISC.

Contact us today to schedule your consultation.

Working with Our Firm

In this evolving economic landscape, collaboration with our firm offers clients a strategic advantage. With Cambodia’s reform-driven investment environment and Canada’s expanding footprint in Southeast Asia, our team of experienced consultants and legal advisors provides tailored guidance to help businesses navigate cross-border opportunities. We focus in developing comprehensive legal strategies, structuring international partnerships, and ensuring compliance in emerging markets.

By leveraging our regional insight and international expertise, you benefit from a trusted partner dedicated to helping you capitalize on growth potential in Cambodia and beyond.

At Northfield & Associates are focus in Foreign Direct Investment (FDI), international trade missions, and cross-border legal strategy. Our team of experienced consultants and legal advisors offers tailored guidance and strategic insight to help you navigate the complexities of international partnerships and development opportunities.

Whether you choose to meet in person at one of our offices or connect virtually, we provide flexible and accessible consultation options. During your session, we’ll assess your goals, review key documentation, and guide you through every stage of your FDI or trade mission engagement.

Let us help you take the next step with confidence supported by trusted legal and strategic counsel every step of the way.

Take the First Step Today

If you believe you may be eligible for legal relief or simply need sound legal advice, we’re here to help. Contact us today to book your consultation. Let us provide the clarity, strategy, and peace of mind you need to move forward.

Disclaimer: The information contained in this article is provided for general information purposes only and does not constitute legal or other professional advice. Readers should seek tailored legal advice in relation to their personal circumstances.

We serve our clients in English, Cambodian, Vietnamese, Mandarin and Cantonese, especially in Asian clients.

• If you or anybody that you know, think that you meet the requirements and wish to receive further information.
• We can help you start the application process and confirm eligibility requirements to participate.
• We Offer Consultations & Meetings by Phone & Virtually. Affordable Fees.

About Northfield

Northfield & Associates International Corporation is a global consulting firm serving private enterprises, public institutions, not-for-profit organizations, and institutional capital providers. Operating across Cambodia, Canada, and global markets, the firm supports capital deployment, regulatory navigation, and enterprise decision-making in complex economic and geopolitical environments. Northfield & Associates delivers customized, execution-focused advisory solutions that drive measurable transformation, strengthen competitiveness, and enhance long-term highest value opportunities. The firm incorporates consulting, legal, regulatory, financial, and risk expertise to enable disciplined capital allocation, strong governance, and operational resilience. Northfield & Associates upholds a culture of applied insight and innovation, supporting clients across digital transformation, growth strategy, and organizational capability building. The firm advises individual, leading global corporations, midsize enterprises, government agencies, and mission-driven organizations through long-term partnerships. Enterprise-wide risk management, professional ethics, and fiduciary standards are embedded across all operations. Northfield & Associates’ diverse, globally unified teams are committed to execution certainty and sustainable, risk-adjusted returns aligned with ESG and stakeholder objectives.

Forward-Looking Information

This news release contains forward-looking information. All statements, other than statements of historic fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information.

This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company.

Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the failure to finalize negotiations concerning the increase of the Loan or to close such transaction and the failure of the Company to complete the acquisition of the Company Facility; operating performance of facilities; environmental and safety risks; delays in obtaining or failure to obtain necessary permits and approvals from government authorities; unavailability of plant, equipment or labour; inability to retain key management and personnel; changes to regulations or policies affecting the Company’s activities; and the other risks disclosed under the heading “Risk Factors” and elsewhere in the Company’s amended annual information.

Forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

Questions?

info@northfied.biz

Within Corporate Newsroom  

Media Contact:

media@northfied.biz

Press contact 

PR consultants
press@northfied.biz

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Northfield & Associates professionals will be pleased to discuss resolutions to specific legal concerns you may have.