Clock is ticking on 2010 donations

The federal Minister of National Revenue is reminding Canadians that they have until December 31, 2010 to make a charitable donation that will generate a tax receipt for 2010.

“Donating to registered charities is truly a win-win situation. Donors receive tax relief and charities continue to carry out work in the community,” said Keith Ashfield. “Our government encourages individuals to support the important work registered charities do each year.”

He also took the time to thank Canadians for donations already made this year.

“On behalf of our government I would like to thank the millions of Canadians who donated to registered charities this year” he said. “Their contributions support organizations that do important work for the sick, the needy, and the underprivileged in communities across Canada”

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.