Human Resources committee  I think all areas of the charitable sector have benefited, primarily health care, education, social services, hospitals, universities, colleges, arts and culture organizations, social service agencies like United Way, and religious organizations.

Human Resources committee  Yes.

Human Resources committee  I'll give one example, and that is a greater share of donations to organizations such as JA Canada, junior achievement, which provides classes for students, giving them an education in financial literacy so they understand that keeping their financial situation in order is very h

Human Resources committee  Yes.

Human Resources committee  That's since 1997. In 1997, when Paul Martin was the finance minister, they cut the capital gains tax in half on gifts of stock. In 2006, the rest of the capital gains tax was removed on gifts of stock.

Human Resources committee  Yes. It's from 1997 to the present time, to 2016.

Human Resources committee  I think the people who have the capacity to give typically are not sitting with tons of cash in a bank account. Their wealth has been created by either starting a company and building a company or investing in real estate. I could give examples of that. I'm rather reluctant to

Human Resources committee  It was $176 million.

Human Resources committee  The $44,000 was over 40 years, from when United Way in Toronto was founded in 1956, until 1996. Over that 40 years, there was only $44,000 in gifts of stock. United Way was the only organization I could find that kept a record of gifts of stock prior to 1997.

Human Resources committee  First of all, I'd like to thank the committee for inviting me to appear as a witness and to provide some suggestions to help achieve the objectives on this important public policy issue. While I'm here as an individual, my title is member, advisory board, BMO Capital Markets, an