For Canada Gives’ Foundation families, thoughtful planning is a familiar discipline. Investment strategies are reviewed regularly with their tax and financial advisors. Long-term objectives are modelled and stress tested. Families will regularly work with their trusted advisors to make confident decisions about the future. Until recently, philanthropy has rarely been approached with that same level […]
When long-time philanthropist Steve McEachern and his wife Mary laid out their estate plans, they named Rotary Foundation Canada as a primary charitable beneficiary of their $40 million fortune, save for the living expenses needed to sustain the lifestyle expenses of the surviving spouse. But before he passed at age 99, Steve had a change […]
One of the most common questions asked by successful entrepreneurs who exit a business, or others who gain considerable wealth through life events such as an inheritance, is: what next? With financial independence achieved, they wonder what they’ll do with their time and how their wealth will impact family dynamics. Of growing importance to so […]
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 […]
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 […]
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 […]
As our Canada Gives Foundation families get set to celebrate the holidays, they’re mixing present wrapping with charitable gift planning. That often means bringing their loved ones into the philanthropic fold, involving the next generation in their generosity as they work to select the charity(ies) they’ll be supporting through their Canada Gives Foundation account in […]
The 2022 federal budget contained a proposed change that immediately caught the attention of Canada’s charitable sector—a long-discussed increase to the minimum annual disbursement quota (DQ) for charities. As we noted in a previous blog, the DQ is “the minimum calculated amount that a registered charity is required to spend each year on its own charitable […]
The crisis in Ukraine prompted Canada Gives Foundation families to step up and take action to help those affected by the war. Their desire to make a difference gained momentum almost from the minute that headlines began detailing heavy shelling and troop movements across the country. As committed philanthropists with charitable assets already available in […]
It takes a community to create lasting change. At Canada Gives, we’re honoured to spend our days working with a group of dedicated and generous philanthropists and their families, who are on a constant search for new ways to make a difference. This past year they did exactly that, and more. They not only supported […]
Canada Gives Charitable Registration #83306 2144 RR0001.
You can find us in the Charities Directorate at www.cra-arc.gc.ca
Toronto | Collingwood | Edmonton
1 (844) 583-4483
Canada Gives offices are located on the traditional territory of Indigenous peoples dating back countless generations. We want to show our respect for their contributions and recognize the role of treaty making in what is now Canada. Hundreds of years after the first treaties were signed, they are still relevant today. We seek to do better, to continue to recognize, learn, and grow—in friendship and community, Nation-to-Nation.
Canada Gives Charitable Registration #83306 2144 RR0001.
You can find us in the Charities Directorate at www.cra-arc.gc.ca
Toronto | Collingwood | Edmonton
1 (844) 583-4483
Canada Gives offices are located on the traditional territory of Indigenous peoples dating back countless generations. We want to show our respect for their contributions and recognize the role of treaty making in what is now Canada. Hundreds of years after the first treaties were signed, they are still relevant today. We seek to do better, to continue to recognize, learn, and grow—in friendship and community, Nation-to-Nation.
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