Charitable giving in the age of digital currency

Modernizing the Income Tax Act to support digital currencies is becoming increasingly important in a space where traditional charitable donations are stagnating.

In the last session, the Senate’s special committee on the charitable sector acknowledged that Canada must keep pace with technological development on fundraising disruptors like digital currencies. Photo by Kat Yukawa on Unsplash

Opinion

BY Tanya Woods

November 28, 2019

Charitable donors across the country are used to receiving a tax credit from Ottawa on donations made to any of Canada’s registered charities or other qualified organizations. Since 1930, Canadian taxpayers have received a tax credit of 15 per cent on the first $200...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Weekend Point of View Newsletter

A round up of the past weekâ€™s opinion writers and columnists on Saturdays and Sundays.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy