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Reading: Ottawa Plans to Extend Deadline for Charitable Donation Tax Deductions
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CanadaFeatured Canadian NewsWorld News

Ottawa Plans to Extend Deadline for Charitable Donation Tax Deductions

The Canadian Press
Last updated: December 30, 2024 7:48 pm
The Canadian Press
9 months ago
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Ottawa Plans to Extend Deadline for Charitable Donation Tax Deductions
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The federal government plans to extend the deadline for claiming charitable donations on tax returns through to the end of February.

The announcement from Finance Minister Dominic LeBlanc comes nearly a week after the premiers called on Justin Trudeau’s government to make the move.

A statement from LeBlanc’s office says the extension will help ease the effects of the four-week Canada Post strike.

Charities reported major declines in mail-in donations during what is typically their busiest time of year, saying the strike prevented donors from sending cheques the old-fashioned way.

The Salvation Army, for example, reported a drop in holiday donations of more than 50 percent this year.

The Finance Department says the government will introduce legislation to make the changes once Parliament resumes in the new year.

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