Mr. Speaker, I urge the government to recognize the value of volunteers by including a volunteer tax credit in the forthcoming federal budget.
The purpose of this proposal is to offer a tangible thank you in the form of a tax credit for those unsung heroes who volunteer their time and services for community and non-profit organizations.
The government allows tax deductions for charitable donations, real estate and securities. Does a volunteer hour not have a similar quantifiable value?
The economic realities of funding cuts increase the demand for and importance of these Canadian champions. As the non-profit sector does more with less, volunteers fill the gaps.
Members of Parliament constantly extol the value of volunteers and volunteerism. For the greater good it is time to put money where our mouth is.