•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