December 2021

Giving Shares is Tax Efficient

Reduce Tax-Liability with a Donation to a Canadian Charity If your portfolio has done well this year, you might want to consider donating shares directly to your favourite charity. A securities donation is much more tax-effective than a sale, and subsequent cash donation. You can receive a tax receipt for the full market value of your shares, and thanks to a special rule, pay no capital gains tax on the increased value of shares you transfer. The process is outlined… Read More »Giving Shares is Tax Efficient