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Help the middle class by scrapping barrier to charitable giving

By Donald K. Johnson      

The feds should remove the capital gains tax on charitable gifts of private company shares and real estate.

Philanthropist Donald K. Johnson is urging Parliamentarians to tell Finance Minister Bill Morneau, pictured, they support scrapping the capital gains tax on charitable donations of private company shares and real estate. The Hill Times photograph by Andrew Meade
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The House of Commons Finance Committee conducted its annual pre-budget consultation hearings from Sept. 19 to early December. The prime focus was to hear suggestions on how to improve the productivity and competitiveness of Canadian individuals and businesses. I made a submission to the committee in August, titled “Help the Middle Class by Removing a Barrier to Charitable Donations.” I also appeared as a witness before the committee on Oct. 20, in my role as a volunteer board

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