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Finance committee We won't just repeat it but, in fact, enhance it, because the direction control provisions remain with the budget implementation act. Own activities are not being changed in the Income Tax Act. That's preserved. In addition, there's this whole series of prescriptive measures. We
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee I think it is important that as charities start to have more and more of these relationships with non-qualified donees to serve vulnerable populations here or abroad, they can have the financial strength to be able to do that. What we want to ensure is that organizations are able
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee Absolutely. We would be happy to do so.
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee Yes. It's an interesting question, because, again, it goes back to this idea that having different accountability is less accountability. That is simply not true. What we're looking to see is saying that organizations who want to work with non-qualified donees must do so in fur
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee Well, I think that is an entirely unique and different situation. I think what's important to stress here—and I will say this over and over again—is that “different accountability” does not mean “less accountability”. Organizations will still be required to demonstrate that the
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee Thank you for being patient. I am going to respond in English. It's really important as we are on the cusp of how Canada is changing to be able to evolve with that. As we seek to address long-term issues of truth and reconciliation, systemic inequities, we find that many of t
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee That's a great question. The term “shared platform” is commonly used to describe a situation where an organization hosts and provides a legal home for a project or initiative that's unincorporated and doesn't have its own legal status. It's like an incubator, if you are thinking
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee The short answer is no. If we take a look at the U.S. system, we see that it's so different from what's here in Canada. There are fundamental issues. First, it doesn't really fit. Our system has been based on the common law premise that's more general than the U.S. Internal Reven
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee Unfortunately, Mr. Ste‑Marie, the interpretation did not come through, so I missed most of your question.
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee I used it, but unfortunately, it's not working.
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee I'm not getting anything at all, and I have it on. I have tried both settings.
May 16th, 2022Committee meeting
Bruce MacDonald
May 16th, 2022Committee meeting
Bruce MacDonald
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee Yes.
May 16th, 2022Committee meeting
Bruce MacDonald
Finance committee I don't hear it, Mr. Chair. Unfortunately, Mr. Ste‑Marie, I can't answer in French.
May 16th, 2022Committee meeting
Bruce MacDonald