AFP Policy Priorities
1. Designate a federal department—the Ministry of Innovation, Science and Economic Development (formerly Industry Canada)—to have economic policy responsibility for the nonprofit sector. In doing so, it would provide a better framework to develop data-driven, charitable giving policies that would in turn foster a stronger nonprofit sector. (To learn more read the AFP Canada Policy Position: The Case for a "Home in Government".)
2. Allocate $1 million annually to Statistics Canada, for the purpose of collecting, analyzing and disseminating comprehensive data about the nonprofit sector, as proposed by Imagine Canada.
3. Permanently eliminate the capital gains tax on charitable gifts of private company shares and real estate. It has been estimated that this proposal would enable the charitable sector to access an estimated $170 to $225 million of incremental funding from the private sector with a tax revenue cost to the government of only $50 to $65 million.
