Repeal of Additional Deduction for Gifts of Medicine
The Budget proposes to repeal a measure introduced in 2007 to encourage corporate donations of medicine out of inventory. Prior to Budget Day, corporations that made “eligible medical gifts” to registered charities were entitled an additional special deduction over and...
New National Housing Strategy
The Budget proposes a number of affordable housing initiatives with a combined investment of $11.2 billion over an 11-year period as part of a new National Housing Strategy. The proposed investment represents a significant increase over Budget 2016’s commitment of...
Electronic Distribution of T4 Information Slips
Currently, issuers of T4 information slips must provide two copies of the slips to each employee or worker to whom they relate. These slips must be delivered to the taxpayer or sent to the taxpayer’s last known address. Copies of...
First-Time Donor’s Super Credit will Expire after 2017
The Budget confirms that the so-called first-time donor’s super credit will expire at the end of 2017. The super credit was introduced in the 2013 federal budget, and provides for an additional 25% tax credit for the first $1000 donated...
Creation of a Canada Cultural Spaces Fund
The Budget indicated that the Federal Government will be creating a new Canada Cultural Spaces Fund towards which it will contribute $300 million over the next 10 years for the purpose of developing Canadian talent and entrepreneurialism in the arts...
Creation of Innovation Superclusters
The Budget indicates that the Federal Government is proposing to launch a competition to create “innovation superclusters” that will have access to significant government funding to develop innovations in various areas including clean technology and health/bio sciences. While this appears...
Gender Statement
The Federal Government has committed in the 2016 Fall Economic Statement to publish a gender based analysis (“GBA”) of new budgetary measures in Budget 2017 and all future budgets. The final chapter of the Budget is Budget 2017’s Gender Statement. ...
Last Chance to Transition Under the Canada Not-for-profit Corporations Act
Innovation, Science and Economic Development Canada (formerly Corporations Canada) has announced that all federally incorporated non-profits are required to receive their certificates of continuance by July 31, 2017. Corporations that fail to transition by that date, including registered charities, will...
Cause-Related Marketing: New CRA Guidance on Receipting
Recently, Canada Revenue Agency (“CRA”) released guidance on registered charities issuing receipts for cause-related marketing arrangements. “Cause-related marketing” is a mutually-beneficial arrangement where a registered charity works together with a for-profit partner to raise funds. Under the arrangement, the for-profit...
New Edition of Essential Law for Social Work Practice in Canada
Miller Thomson’s National Health Industry Group is pleased to announce the third edition of Essential Law for Social Work Practice in Canada. Individuals who need social work services have problems that are complex and multifaceted. To best serve their clients,...
