All posts in the ‘Charities’ category

Budget 2016: Impact on Charities

Finance Minister Bill Morneau delivered the government’s 2016 federal budget yesterday. Below is a summary of some of the announcements from the budget that will impact charities. Update on Previous Budget Proposal: Capital Gains Exemption for Donations of Real Estate and Private Company shares The 2015 federal budget proposed to extend the exemption for capital… View this post »

Charitable Gifts Involving Private Company Shares or Real Estate

Earlier this week, the federal government released its 2015 budget. The budget contains a number of proposals to amend the Income Tax Act, and also provides updates regarding previously announced tax measures. One of the proposed changes announced in the budget will be especially relevant to donors and registered charities. Currently, when capital property is… View this post »

Why Do I Want to Leave a Legacy Gift?

By Joan Webster, Volunteer Covenant House Since becoming a volunteer at Covenant House, I have witnessed firsthand the dedication and sincerity of the staff as they interact with the youth at the drop-in centre. The staff is totally COMMITTED to transforming the lives of these homeless kids. The entire organization is so impressive and has… View this post »