Response to Report by House of Commons Standing Committee on Finance

February 11, 2014

The Report by the House of Commons Standing Committee on Finance, which was released in February 2013 reviewed a range of options to encourage charitable giving in Canada and made recommendations related to reducing administrative burdens and improving public awareness. Several of the measures in the Budget are in response to this Report, including the extension of the carry-forward period for donations of ecologically sensitive property and the proposed increased flexibility for gifts by Will. Enhancements to the CRA website and the investment in electronic filing of T3010 Annual Returns and applications for charitable status are also in response to this Report.

The Government confirmed that it intends to continue its efforts in areas identified by the Report. It is hoped that further measures to increase donations in Canada and to enhance the ability of charities to carry out their operations will be forthcoming in future Budgets.

Disclaimer

This publication is provided as an information service and may include items reported from other sources. We do not warrant its accuracy. This information is not meant as legal opinion or advice.

Miller Thomson LLP uses your contact information to send you information electronically on legal topics, seminars, and firm events that may be of interest to you. If you have any questions about our information practices or obligations under Canada's anti-spam laws, please contact us at privacy@millerthomson.com.

© 2019 Miller Thomson LLP. This publication may be reproduced and distributed in its entirety provided no alterations are made to the form or content. Any other form of reproduction or distribution requires the prior written consent of Miller Thomson LLP which may be requested by contacting newsletters@millerthomson.com.