Donate Publicly Traded Securities

Many Canadians hold shares in publicly traded securities (corporations, bonds or mutual funds) that have increased in value over time.  Usually 50% of the capital gain must be taken into income when the securities are sold.  However, in 2006, Canada’s Income Tax Act was changed to allow individuals to benefit from transferring securities directly to a registered Canadian charity.  Tax savings are significant because none of the capital gain is taken into income.

The following chart outlines the savings that can be realized.  The first column indicates costs of making a donation after selling shares.  The second column outlines the net cost when gifting securities directly to a charity.

Victoria Angel Registry of Hope is pleased to accept gifted securities.  The process is streamlined and effective.

Please contact Garrah Parkes, Fundraising Coordinator directly by email: charity@victoriaangel.org or by phone: 905-201-3398 for further further fundraising or event information.