Public benefit


Putting equity into the Disbursement Quota debate

07

Oct 2021

The Government of Canada recently completed a consultation on the minimum amount registered charities must spend each year under the Income Tax Act. This required minimum spending is called “the disbursement quota” or DQ for short. Currently, the Income Tax Act requires that registered charities spend 3.5 per cent of their assets that are not involved in charitable activities or administration. The Government had committed...

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Four reasons the nonprofit sector needs a new name

29

Sep 2017

Four reasons the nonprofit sector needs a new name

Civil society, social economy, the voluntary sector, the third sector, the nonprofit sector, the charitable sector… These are some of the terms used to describe nonprofit organizations collectively, yet these names don’t fully capture all that the sector is and does in serving communities. The nonprofit sector in Canada is one of the fastest growing sectors in the Canadian economy. Virtually every Canadian is connected...

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