IDEAS home Printed from https://ideas.repec.org/a/cdh/commen/343.html
   My bibliography  Save this article

At the Crossroads: New Ideas for Charity Finance in Canada

Author

Listed:
  • Adam Aptowitzer

    (Drache Aptowitzer LLP)

  • Benjamin Dachis

    (C.D. Howe Institute)

Abstract

Canada’s charities are increasingly looking at ways to finance their non-profit activities through business income – in areas directly related to their charitable missions, and in areas that are not. Current legislation limits public foundations and charitable organizations to operating businesses directly related to the charity’s purpose. Private foundations may not operate businesses of any type. The Canada Revenue Agency’s policy on related business provides effective guidance for organizations that run ancillary businesses – such as hospitals that run parking lots. However, the Canada Revenue Agency’s regulations are of little help for organizations that aim to achieve charitable ends by raising revenue through businesses unrelated to their charitable purpose. In the face of changes in giving patterns and financing sources for the sector, charities need such flexibility to carry out their important missions.

Suggested Citation

  • Adam Aptowitzer & Benjamin Dachis, 2012. "At the Crossroads: New Ideas for Charity Finance in Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 343, March.
    • Handle: RePEc:cdh:commen:343
    as

    Download full text from publisher

    File URL: https://www.cdhowe.org/crossroads-new-ideas-charity-finance-canada
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Joseph Doucet, 2012. "Unclogging the Pipes: Pipeline Reviews and Energy Policy," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 342, February.
    2. David R. Percy, 2012. "Resolving Water-use Conflicts: Insights from the Prairie Experience for the MacKenzie River Basin," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 341, February.
    3. Ake Blomqvist & Colin Busby, 2012. "Better Value for Money in Healthcare: European Lessons for Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 339, January.
    4. Christopher Ragan, 2012. "Financial Stability: The Next Frontier for Canadian Monetary Policy," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 338, January.
    5. Philippe Bergevin & Daniel Schwanen, 2011. "Reforming the Investment Canada Act: Walk More Softly, Carry a Bigger Stick," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 337, December.
    6. Colin Busby & William B.P. Robson, 2011. "The Retooling Challenge: Canada's Struggle to Close the Capital Investment Gap," e-briefs 126, C.D. Howe Institute.
    7. Laura Dawson, 2012. "Can Canada Join the Trans-Pacific Partnership? Why just wanting it is not enough," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 340, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. James MacGee, 2012. "The Rise in Consumer Credit and Bankruptcy: Cause for Concern?," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 346, April.
    2. Alexandre Laurin & William B.P. Robson, 2012. "Achieving Balance, Spurring Growth: A Shadow Federal Budget for 2012," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 344, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alexandre Laurin & William B.P. Robson, 2012. "Achieving Balance, Spurring Growth: A Shadow Federal Budget for 2012," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 344, March.
    2. David R. Percy, 2012. "Resolving Water-use Conflicts: Insights from the Prairie Experience for the MacKenzie River Basin," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 341, February.
    3. James MacGee, 2012. "The Rise in Consumer Credit and Bankruptcy: Cause for Concern?," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 346, April.
    4. Joseph Doucet, 2012. "Unclogging the Pipes: Pipeline Reviews and Energy Policy," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 342, February.
    5. Ake Blomqvist & Colin Busby, 2012. "Better Value for Money in Healthcare: European Lessons for Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 339, January.
    6. Ian Irvine & William Sims, 2012. "A Taxing Dilemma: Assessing the Impact of Tax and Price Changes on the Tobacco Market," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 350, May.
    7. Christopher Ragan, 2012. "Financial Stability: The Next Frontier for Canadian Monetary Policy," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 338, January.
    8. Lars E. O. Svensson, 2018. "Monetary policy and macroprudential policy: Different and separate?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 51(3), pages 802-827, August.
    9. Steven Ambler, 2016. "Toward the Next Renewal of the Inflation-Control Agreement: Questions Facing the Bank of Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 453, July.
    10. Jeffrey Church, 2017. "Defining the Public Interest in Regulatory Decisions: The Case for Economic Efficiency," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 478, May.
    11. A. E. Safarian, 2015. "Simplifying the Rule Book: a Proposal to Reform and Clarify Canada’s Policy on Inward Foreign Direct Investment," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 425, May.
    12. Paul R. Masson, 2013. "The Dangers of an Extended Period of Low Interest Rates: Why the Bank of Canada Should Start Raising Them Now," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 381, May.
    13. Ben Dachis, 2016. "National Priorities 2016: The Future of Canadian Energy Policy," e-briefs 224, C.D. Howe Institute.
    14. Paul Jenkins & Gordon Thiessen, 2012. "Reducing the Potential for Future Financial Crises: A Framework for Macro-Prudential Policy in Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 351, May.
    15. Michael Hart, 2012. "Breaking Free: A Post-mercantilist Trade and Productivity Agenda for Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 357, August.
    16. Daniel Schwanen, 2018. "Foreign Direct Investment in Canada – The Case for Further Openness and Transparency," e-briefs 280, C.D. Howe Institute.
    17. John Crow, 2012. "Seeking Financial Stability: The Best Role for the Bank of Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 369, December.

    More about this item

    Keywords

    Governance and Public Institutions; Canada; Canadian charities; Canada Revenue Agency (CRA);
    All these keywords.

    JEL classification:

    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cdh:commen:343. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kristine Gray The email address of this maintainer does not seem to be valid anymore. Please ask Kristine Gray to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/cdhowca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.