Budget 2022: A Federal Budget That Recognizes the Role of the Charitable and Nonprofit Sector
Released on April 7th, the 2022 federal budget highlights the success of Canada’s recovery programs, boasting the return of many economic indicators to their pre-pandemic levels. The budget uses this narrative to rationalize shifting from pandemic expenditures towards targeted investments in the economy, despite Canada experiencing record high COVID-19 cases in many jurisdictions across the country.
Takeaways:
- An amendment to the Income Tax Act that allows charities to establish meaningful relationships with non-charities.
- A commitment to address the housing crisis that includes welcomed increases to non-profit housing and childcare.
- No investment in formalizing a strategic relationship between the federal government and the charitable sector.
READ MORE HERE
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By
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Published
Apr 12, 2022
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Subject Area
- Housing
- Safety, Security, Finances, & Personal Planning
- Information, Referral, & Advocacy
- Organizational Development
- Funding Development
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Audience
- Service Providers (Non-profits, Community Organizations, Local government)
- Government
- Health Authorities
- Funders
- Caregivers, Seniors & Volunteers
- Academics
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Category
Newsletter
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