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Investing Matters: Canadian Charitable Donations Update

In this episode of The Wealth Exchange, Timothy Stranks provides an update on the recent extension to Canada's charitable donation deadline.

By Timothy StranksWealth Advisor
February 20, 2025|4 min listen
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InvestingFebruary 20, 2025


Episode Summary

Canadian charitable donors received a deadline extension this tax season—but important limitations apply. Tim Stranks, Wealth Advisor | Client Relationship Manager, and a Director of the Nicola Wealth Private Giving Foundation, provides an update on the recent extension to Canada's charitable donation deadline. He provides clarity on the extension's limited application to cash donations, discusses implications for year-end tax planning, and contextualizes this change within broader developments affecting Canadian investors. 

Highlights

1:00 - Overview of the charitable donation deadline extension

1:25 - Status of proposed capital gains inclusion rate changes

2:15 - Important distinctions between donations

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The Wealth Exchange

The Wealth Exchange podcast provides insight, innovation, and access to the experts on a wide range of topics affecting affluent families across Canada. Join our team of hosts as they sit down with leaders and changemakers from around the globe to discuss investing, leadership, philanthropy, entrepreneurship, and more.

Timothy Stranks
Wealth Advisor
Client Relationship Manager

Disclaimer

This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM Fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.


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