The 2024 Federal Budget proposed tax measures impacting charities.

Benefaction is excited about a new insurance product, My Par Gift, launched by Canada Life, that can make the benefits of insurance policy donations even easier.

An important proposed change from the 2023 Federal Budget for Benefaction donors and advisors to be aware of is changes to the alternative minimum tax (“AMT”).

Research conducted by The Philanthropic Initiative (TPI) with professional advisors on their motivations for, and methods of providing advice about philanthropy, revealed the following reasons for discussing philanthropy with clients.