Tax Relief For You

You can receive the financial benefits of purchasing food units and donating them to a charity by filling out the appropriate section of your income tax return and reducing your income tax liability.

Depending on your province of residence and the capital losses you have available, your potential return on a donation through our Canadian Hunger Relief Gifting Program may range upwards from 34%.

Please see the Schedule of Financial Benefits by Province (PDF download)

An example of benefits for Ontarians.

A minimum donation of one food unit will cost you $1700 CDN and can provide a potential tax credit of between $4641 and $2715 (depending on any capital losses you might have to offset the capital gain)

Please see the Ontario section of the Schedule of Financial Benefits by Province (PDF download)

 

Canadians Change the World Inc. Tax Shelter Identification Number: TS 068569

This does not confirm in any way the right of the purchaser and/or any tax benefits associated with the tax shelter and the issuance of the identification number is for administrative purposes only.
No advance income tax ruling has been applied for in respect of the purchase of the Goods, as defined in the Purchase Agreement, and the subsequent donation of that Good to a registered charity or other institutions qualified under the Income Tax Act (Canada). The Canada Customs and Revenue Agency may not agree with some or all of the opinions set out herein and may reassess the purchaser to deny some or all tax benefits associated with this tax shelter. Each purchaser should consult the purchaser’s own tax advisor in respect of the tax consequences of participating in the Canadian hunger relief gifting program.


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