With Budget 2022, the federal government has proposed changes to the rules applying to the minimum annual disbursement quota, with the intended effect of increasing money flowing to and within the charitable sector. The question is: Will these changes have the intended effect, or will they simply diminish the long-term support available to charities from […]
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Russia’s invasion of Ukraine shocked the world and prompted swift international recriminations. But as images emerged of devastation wrought by the war, Canada Gives Foundation account holders did as they always do in a time of crisis: they sprung into action with their generosity and desire to make a difference. To date, our Client Services […]
This is the fourth in our new Donor Connect series, an initiative designed to share giving ideas and to highlight the great work of the many not-for-profits supported by the Canada Gives’ family of foundation funders. In this piece, we highlight a Canada Gives Foundation account holder’s efforts to provide assistance to women and children […]
One of the joys of establishing a Foundation at Canada Gives is making the move from simply writing cheques to charities, to understanding what it means to be a philanthropist. It’s that great leap that our donor clients find so exciting. Operating as a Foundation funder gives them the ability to engage with charities and […]
At the start of 2021, it was difficult to envision exactly how the year would unfold. The coronavirus pandemic still loomed large (and, unfortunately, still does) as we emerged from the best year in Canada Gives’ history. That happened because our Foundation account holders took action at the onset of the pandemic to help charities […]
Earlier this year we shared on social media a diagram from our website that summarizes how a Canada Gives Foundation account works, how donations flow into a donor advised fund and how grants are distributed to charities. The purpose was to remind our current and future donor clients that Canada Gives’ mission is to not […]
According to many investment industry leaders, financial advisors in Canada are facing a significant business threat. As enormous wealth continues to transfer between generations—Manulife has estimated the figure at approximately $1 trillion between 2016 and 2026—advisors run the risk of losing long-standing client relationships when family assets pass from the wealth builder generation to their […]
Generational succession isn’t just a consideration for wealthier families looking for the most effective way to pass wealth to their heirs. It has a major impact on advisors, as well. Financial planning and portfolio management firms—even lawyers and accountants—spend years (sometimes decades) building relationships with wealth builders. But when those individuals pass away, their children […]
The thousands of Canadian philanthropists who give generously each year to their preferred causes share some common characteristics. Namely, their kindness is selfless and their dedication to making a difference tends to be utterly relentless. They give not only because they can, but because it’s a key part of their personal identity. National Philanthropy Day […]
The law of unintended consequences is usually applied with ruthless precision when it comes to public policy. Governments often employ common sense solutions, only to understand months, years or decades later how their decisions created significant challenges for the very stakeholders or institutions they sought to help. And so it is with some federal political […]
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