Federal Budget 2021: Support for seniors
The COVID-19 pandemic has strained our long-term care facilities across the country like never before. As families anxiously await the time when they can once again see their loved ones living in long-term care homes, organizations in the space work...
2021 Budget support for affordable housing
This article outlines the proposed funding in Canada’s 2021 Budget for affordable housing initiatives. With market prices skyrocketing while the employment rate plummets, Canada’s housing crisis is deepening amid the COVID-19 pandemic. The rising housing costs coupled with decreased job...
2021 Federal Budget Edition
Introduction The federal budget was tabled by Finance Minister Chrystia Freeland on April 19, 2021 (the “2021 Budget”). This is the first federal budget in two years and the first during the COVID-19 pandemic. The 2021 Budget focuses on the...
Ontario extends ability for not-for-profit corporations to hold electronic meetings until December 31, 2021
On April 6, 2021, Ontario passed Regulation 251/21 under the Corporations Act, further extending the temporary legislative provisions permitting Ontario not-for-profit Corporations to hold Member, Board and Board Committee meetings electronically from May 31, 2021 until December 31, 2021. These...
M. Elena Hoffstein co-authors 2nd edition of Charitable Giving in Canada
M. Elena Hoffstein is the co-author of Charitable Giving in Canada (2nd edition), released in 2021 by Thomson Reuters. Charitable Giving in Canada provides a comprehensive but practical tool to assist professional advisors, charities, corporations and individuals who wish to...
CRA’s views on charitable remainder trusts
Introduction Charitable remainder trusts have been popular in the U.S. for some time but not as widely used in Canada as a result of differences in our tax regime. A charitable remainder trust involves an individual who wishes to make...
Advisory committee on charitable sector: Report 1
On January 29, 2021, the Advisory Committee on the Charitable Sector issued its first report to the Honourable Diane Lebouthillier, Minister of National Revenue and Bob Hamilton, Commissioner of the Canada Revenue Agency. Established in 2019, the Advisory Committee is...
The Business of Charities & Nonprofits: The Need for Change
PANL Perspectives
Charities and nonprofits have long been entrepreneurial and innovative in developing new means of generating revenue to achieve their missions and serve our communities. They sell cookies and agricultural products, run cafés, market software, and much more. The devastating effects...
Susan Manwaring quoted in The Philanthropist on Bill S-222
The Philanthropist, "Reforming Income Tax Act’s “direction and control”
Senator Ratna Omidvar earlier this month introduced legislation in the Senate that proposes amendments to the Income Tax Act to allow charities to partner with non-charities and give Indigenous and racialized organizations greater freedom and power to operate. Omidvar’s Bill S-222, the...
Charity lawyers publish open letter
A group of prominent lawyers have published an open letter urging the government to change the rules that govern how Canadian registered charities are permitted to work with third party organizations in Canada and around the world to further their...
