AHP supports Imagine Canada and their proposed Stretch Tax Credit initiative, and encourages AHP members to contact or write a letter to your MP enlisting their support of this proposed incentive for charitable giving.
- The purpose of the Stretch Tax Credit for Charitable Giving: To encourage more Canadians to give, and to support those who do give to give more.
- How it would work: The Stretch Tax Credit for Charitable Giving would increase the federal charitable tax credit by 10 percentage points for all new giving an individual makes in excess of the person’s previous highest giving level.
- The "bottom line": The proposal would boost the Charitable Tax Credit from 15 percent to 25 percent for eligible amounts below $200, and from 29 percent to 39 percent for eligible amounts above $200. This incentive would allow Canadians to “stretch” their giving even more.
- Why we need it: Charities and nonprofits in every community work on behalf of Canadians to provide services and supports that contribute to quality of life and economic prosperity. We need to act now to renew and grow Canada’s charitable sector and donor base to ensure organizations working across the country and around the world can meet the changing needs and growing demands of the individuals, families and communities they serve.
Read Imagine Canada's Brief t Imagine Canada Sample Letter