News and Views
How does the Budget 2024 affect the charitable sector?
Originally published by the CAGP on April 30, 2024 – https://www.cagp-acpdp.org/en/blog/how-does-the-2024-budget-effect-the-charitable-sector On April 16, 2024, the Canadian federal budget was tabled. How does this budget affect the charitable sector? Alternative Minimum Tax (“AMT”) Reform In effect for almost forty years, AMT was introduced as a means for the government to ensure individuals and certain trusts pay […]
2024 Federal Budget highlights for philanthropists: AMT adjustment a win for donors
The charitable sector breathed a measured sigh of relief last week when the 2024 federal budget was tabled, after the federal government first proposed measures in 2023 that would limit tax exemptions, credits and deductions relating to charitable donations—particularly those focused on AMT filers. Why? The longstanding perception has been that high-earning Canadians use their […]
Defining your values and using them to shape your philanthropy
The journey to becoming a philanthropist is an extraordinary experience, to say the least. It’s one that involves understanding the causes that you and your family wish to support, and the portion of your wealth that you plan to donate to fulfill your charitable giving goals—making the world a better place in the process. Perhaps […]