In 2006, the Canadian government eliminated the tax on capital gains when securities are donated to a private charity. Under this law, you are able to give securities directly to a charity, pay no taxes and receive a charitable tax receipt for the fair market value of the securities
Consider making a gift of securities rather than cash/cheque to receive very favourable tax incentives. You can donate appreciated securities to the GCA, by filling our the Securities donation form below.
We advise all of our donors to consult a lawyer or financial advisor prior to making sizeable charitable gifts.
Charitable Registration number: BN886092998 RR0001