If you want to make a gift to your favourite charity and save more on your taxes, consider donating publicly traded securities.1 The government encourages these donations by completely eliminating the tax on the capital gains on the securities that were gifted to a registered Canadian charity, including a donor advised fund.2
Click here to read the full article and learn more about how you can donate securities.
1 Eligible securities include stocks or bonds listed on a designated stock exchange, and certain mutual fund units or segregated funds.
2 For more information, please see the CIBC report “Strategic Philanthropy”.