Finance committee  The $1 billion is what has been given to charities in Canada—

Finance committee  —since 2006.

Finance committee  Well, the estimate that we give of the costs to the federal government being $50 million to $65 million per year includes the charitable donation tax credit for gifts from individuals. It includes the tax savings for corporations, but it also includes an estimate of the foregone

Finance committee  On the issue of the removal of the capital gains tax and all appreciated capital property, I think at the end of the day it really comes down to the donor: what is the donor's interest? If the donor is interested in the ecologically sensitive land, that's where they'll make the

Finance committee  I think at the end of the day it really comes down to the donors. Where does the donors' interest lie, in which area of the charitable sector? Are they more interested in the environment and preserving the land they own for the future or are they more interested in making a donat

Finance committee  Based upon my understanding, they're roughly the same. I think the private company shared exemption would probably result in a larger proportion of incremental giving than the real estate section. In the case of real estate, there is that capital cost allowance recapture when the

Finance committee  Yes.