To date, most of the tax measures have targeted the wealthier donors and improved tax treatment of giving of assets. But now we really need to focus on first-time donors and those of limited needs. I'm supportive of the idea of the stretch tax.
I know that the economic data is really mitigated around whether you can use tax incentives to change behaviour, but I think that measure is interesting because of the full support it has from the non-profit sector. I think it's a useful tool they can then use to incite and get people to think about giving differently and setting benchmarks in order to improve from year to year.
I also think it's a really useful tool for the youth population. If we're looking at the fragility of the civic core, we need to be thinking about the future generation of youth and how they're engaging. The reality is that they're giving smaller donations and they're involved in youth movements, like Me to We. They engage in the public sphere very differently, and the stretch tax credit would be useful to them because they would have a huge impact even at the lower level of donations.