Social Impact Newsletter

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April 18, 2023

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Birhane v. Medhanie Alem Eritrean Orthodox Tewahdo Church preaches important lessons for Ontario charities and not-for-profit organizations and their directors

Caitlin Lee

Introduction The recent Ontario Superior Court of Justice (the “Court”) decision in Birhane v. Medhanie Alem Eritrean Orthodox Tewahdo Church (“Birhane”) reflects the importance of organizations upholding their electoral procedural requirements as required by corporate law and governing documents. This...

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Budget 2023 and changes to the alternative minimum tax: Be careful when donating publicly listed securities

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 federal alternative minimum...

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