Local charities have lost hundreds of thousands of dollars in holiday donations and worry that without a tax credit extension, some Calgarians may not want to donate in 2025
The main conceptual idea of the text is that the Canada Post strike significantly impacted charitable donations during the crucial holiday season. This has led charities to call on the federal government to extend the deadline for claiming charitable donations on tax returns to the end of February. This extension would help charities recoup lost funds and encourage continued donations from Canadians in 2025.
The argument rests on the fact that Canadians, unaware of the tax benefit until their 2025 filing, may assume their donations will not be reflected in the current year and therefore choose to donate less in the future.
The main conceptual idea of the text is that the Canada Post strike significantly impacted charitable donations during the crucial holiday season. This has led charities to call on the federal government to extend the deadline for claiming charitable donations on tax returns to the end of February. This extension would help charities recoup lost funds and encourage continued donations from Canadians in 2025. The argument rests on the fact that Canadians, unaware of the tax benefit until their 2025 filing, may assume their donations will not be reflected in the current year and therefore choose to donate less in the future.
