Arctic Inspiration Prize: Promoting Innovation in Canada’s North

Canada’s Arctic is beautiful territory that is home to more than 100,000 northern Canadians, a majority of whom are Indigenous peoples with rich cultures and histories dating back thousands of years. In 2012, Arnold Witzig and Sima Sharifi founded the Arctic Inspiration Prize (AIP) to recognize the extraordinary contribution of teams working to gather and…

Viewpoint: Some Issues Relating to the Treatment of Private Foundations Under the Income Tax Act

Viewpoint provides a forum for informed discussion of issues of interest to the voluntary sector. The opinions expressed are those of the authors.  1. The Importance of Ending the Existing Discrimination Against Private Foundations It is vitally important to eliminate the discrimination against private foundations which now permeates the Income Tax Act. It must always…

Recent Tax Developments

1997 Federal Budget Changes The Federal Government has recently provided increased support to the charitable sector through the income tax system. In 1995, donations of ecologically sensitive land were exempted altogether from net-income limitations. The 1996 Federal Budget encouraged greater charitable giving by increasing the annual limit for donations from 20 per cent to 50…

Viewpoint: Dolphins, Tuna and Mudsharks: Reflections on the “Bre-X Budget” for Charities

Viewpoint and Counterpoint provide a forum for informed debate of issues of wide interest to the philanthropic sector. The opinions expressed are those of the authors. The Bre-X saga has dramatically demonstrated to Canadians the short-term rewards and ultimate tragedy of allowing unsubstantiated claims of unmined treasure to escalate into destructive fantasy because there has…

Shareholder-Designated Charitable Contributions: A Practical Response to Critics of Corporate Charitable Contributions

In the summer of 1989, a provocative article appeared in the Globe and Mail entitled “Three Good Reasons Why Firms Shouldn’t Support Good Causes”.1 In that piece, Terence Corcoran of the Report on Business concluded that corporations should not donate to charity. This article provoked angry reactions in Canada’s charitable community and gave rise to…

Viewpoint: Building Capacity in the Voluntary Section

Viewpoint expresses the particular view of contributors and does not necessarily reflect the views ofThe Philanthropist Readers are invited to respond to articles in this section. If appropriate, their views will be published. At a time when most consumers of financial services are becoming more sophisticated, most voluntary organizations remain woefully uninformed and inefficient in…