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A.FEDERAL BUDGET 2013
•On March 21, 2013 the federal government announced the 2013 Federal Budget (“Budget 2013”)
•The Budget included a so-called “First-Time Donor’s Super Credit” (“FDSC”) to encourage new donors
•However, the Budget included little from the Standing Committee on Finance (“SCOF”) Report, which was released in February 2013 and was intended to be taken into consideration for Budget 2013
•Given the present economy, the charitable sector is lucky that there were any new charitable donation tax incentives at all included in Budget 2013
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