
Ipsos Poll: Only 56 Percent of Canadian Donors Plan to Claim Charitable Contributions on 2023 Income Tax Returns
Despite being able to receive as much as a 49 percent tax credit, almost one-third say they won’t be claiming charitable donations on 2023 income tax returns TORONTO, ON–CanadaHelps, the country’s largest platform for donating and fundraising online, today released the results from a new Ipsos poll that suggests many …

Comment: Budget 2023 and changes to the alternative minimum tax
Be careful when donating publicly listed securities by Amanda J. Stacey, Troy McEachren High-net worth clients who plan to donate publicly listed securities (e.g. public company shares, ETFs, mutual fund units, etc.) to charity should be aware—and wary—of proposed tax changes in the 2023 Federal Budget. Introduced in 1986, the …

Canada Life announces first-of-its-kind charitable giving product, empowers Canadians to leave a legacy
New participating life insurance product designed to support charities is the first available in Canada Winnipeg, MB–Canada Life revealed a new, first-of-its kind in Canada, participating life insurance product designed for charitable giving. It gives clients the ability to choose a registered charity who will be both the owner and …

Affluent Canadians Prioritize Education, Real Estate for their Children, and Philanthropic Giving
New research report on high-net-worth Canadians reveals the priorities, concerns and blind spots related to the transfer of wealth TORONTO, ON–According to a new report on high-net-worth (HNW) households by IG Private Wealth Management (a division of IG Wealth Management), the pandemic has caused many to pause and reflect on …

Nonprofit Fundraisers Receive A Major Gift from Canada Post
Now easier to thank donors and send a tax receipt AURORA, ON–Canada Post announced this week that they have acted upon the advocacy of Steve Falk, CEO of Prime Data, and other industry leaders and have included thank you notes with tax receipts in the Personalized Mail category. Until this …

KPMG’s Social Impact Officer Offers Five Tips for Holiday Giving
TORONTO, ON–December is holiday giving season, when companies and Canadians join together with charities to help those in need. Kristine Remedios (left), KPMG’s Chief Inclusion and Social Impact Officer, leads the firm’s national inclusion and diversity strategy which leverages the capabilities and collective impact of employees, clients, non-profits and charities …