Member Update – From the Nonprofit Desk
PAT106 Member Bruce MacDonald, President & CEO of Imagine Canada reports that much has been on a federal government front related to charities and nonprofits. In recent months, a number of major announcements have resulted in significant work being advanced to make the operating environment for charities better. These include:
- the announcement of $755 million over 10 years for social finance investments and an additional $50 million over 2 years to prepare organizations on how to use social finance options
- the first updates of size and scope data from StatsCan since 2006. The charitable sector now employs 2.4 million Canadians and is 8.5% of GDP.
- the removal of the artificial limits on the amount charities can spend on public policy advocacy
- the creation of an Advisory Committee on Charities inside the Ministry of National Revenue. Bruce has been invited to Co-Chair this group!
There is more work yet to do, but these steps represent real progress. For more information, just connect via imaginecanada.ca