Investments in Charitable Sector

22 mars 2016

( Disponible en anglais seulement )

While the Budget contains relatively few tax measures specific to the charitable or non-profit sector, it does announce several initiatives and investments that will be of interest to certain organizations within the sector including:

an investment of $339 million over three years to create up to 35,000 additional youth jobs in the non-profit sector in each of the next three years. This program provides funding to not-for-profit organizations with 50 or fewer employees to create summer job opportunities for individuals aged 15 to 30 years who are full-time students and intend to return to their studies in the next school year;
$39 million in funding over three years to the Canadian Foundation for Healthcare Improvement to support its ongoing efforts to identify and introduce innovations in the health care system;
up to $20 million in funding over three years for the Brain Canada Foundation’s Canada Brain Research Fund;
$50 million in funding over two years to Canada Health Infoway to support short-term digital health initiatives;
an investment of $168.2 million over two years in the Canada Cultural Spaces Fund to support the renovation and construction of arts and heritage facilities. Recipients would include not-for-profit arts and heritage organizations, provincial and territorial governments, municipalities and their agencies, and equivalent Indigenous peoples’ institutions;
$14 million in funding over two years to the Mitacs Globalink program to support 825 internships and fellowships in support of Canadian universities;
$237.2 million in funding in 2016-17 to Genome Canada to support continued research in genomics; and
$50 million in funding over 5 years for the National Optics Institute to support the Institute’s work with businesses in Quebec in the areas of optics and photonics.

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