Mr. Speaker, I thank the member for presenting his motion. As a member of the finance committee, I am aware that a number of groups have come before the committee, proposing a number of changes.
The first item in his motion is to review the changes to the charitable tax credit amount, often referred to “just increase the rates of credit”. There is, however, an argument that by increasing the rate of credit, it simply is looking to increase the donations of those who already are giving generously. However, groups like Imagine Canada have been proposing something that is called “a stretch credit” to encourage new donors to start giving or those who are giving modest amounts to raise theirs.
Has the member considered the advisability of something like a stretch credit as opposed to just simply changing the tax credit rates?