PUBLICLY LISTED SECURITIES
Publicly listed securities are becoming increasingly popular as gifts. Federal incentives, introduced in early 2006, have made it very attractive to donate publicly listed securities that have appreciated in value. Canadians are not taxed on the capital gain when they donate securities to a charity. This compares to a tax on 50% percent of the capital gain if the securities are sold outright. If you own publicly traded securities or mutual funds that have increased in value, you may want to consider donating the securities directly to Compost Education Centre.
Should you decide to make a gift of securities to Compost Education Centre, please contact your financial planner and/or attorney to facilitate the process.