Okay, thank you.
The results of the two research studies suggest that tax incentives have a significant effect on both the likelihood of Canadians making a donation and on the amount of the donation, suggesting the ability of government policy to be successful in influencing both the number of donors and the level of donation expenditures. The tax credit also appears to be fiscally efficient, as indicated. In other words, the increase in the tax credit is expected to lead to a loss of tax revenue to the public sector, which would be more than fully compensated by a rise in donation expenditures.
Thank you.