Are flow-through share investments right for you?

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By: Jim McConnery, CPA, CA, TEP  Partner jmcconnery@welchllp.com 613-236-9191 #529 Our tax regime includes an interesting opportunity for taxpayers who acquire newly issued Flow-Through Shares (“FTS”) from Canadian resource companies. Based on meeting specific requirements, the investor is allowed to deduct the cost of the investment against taxable income, provided that the underlying company spends…
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Donors breathe life into ventilator project

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BY: Jeff Todd Arthur McDonald is unique in his appreciation for philanthropy. After all, he wasn’t born a Nobel Prize-winning physicist. Before reaching the pinnacle of his profession in 2015, McDonald was the recipient of an endowed chair at Queen’s University, courtesy of philanthropists Gordon and Patricia Gray, giving him the opportunity to pursue cutting-edge…
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Even in crisis, major donors are stepping up

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To say we live in unprecedented times is a huge understatement. In so many ways, our day-to-day lives have fundamentally changed, from the way we do business, to how we socialize with others, and of course, to how we raise money for the charities that are important to us. On a typical year, I would…
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Ottawa Philanthropy Awards highlight unprecedented community leadership

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The Foundation WCPD returns as Presenting Sponsor for 5th straight year  The 2020 AFP Ottawa Philanthropy Awards, also known as the ”Phils,” are back, but with a twist. To recognize the unique nature of this year, the Ottawa Philanthropy Awards have created a one-time award to acknowledge the incredible efforts of our community towards a…
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Ottawa youth Logan Hussein launches virtual birthday fundraiser for CHEO

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BY: Caroline Phillips Logan’s Heroes event sets $200K fundraising goal with help from The Foundation WCPD, Syntax Strategic, Virtually Fitness, Ottawa Business Journal, Gabriel’s Pizza, Atomic Lavender, Soloway Write Lawyers, Mattamy Homes & others. Each year, Logan Hussein and his family host an annual birthday bash at their Ottawa home to raise money in honour…
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Help Logan meet his birthday fundraising goal for CHEO

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Megan Shaw CTV News Ottawa Anchor/Reporter – @MeganShawCTV Contact Published Wednesday, November 4, 2020 5:06PM EST OTTAWA — Born with pneumothorax, explained as a collapsed lung, Logan Hussein spent his first days inside a specialized incubator at CHEO. Since then, his family has been fundraising as a way to say thank you to the doctors…
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Philanthropy in Ottawa: Chef cooks with kindness during a crisis

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BY: Sam Laprade for Ottawa Business Journal    Who: Chef Joe Thottungal, owner, Thali and Coconut Lagoon The donation: More than $55,000 from donors and vendors The recipients: Vulnerable Ottawa residents The inspiration: “I measure success on how I support my neighbour and fill someone’s heart with a meal. When we care about other people…
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Building Courage, Together: How One New Canadian Landed Work She Loves

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For Jaipreet Kaur, a new mentoring program in Ottawa has helped her forge her dream career. Trying to land a career you’re passionate about can be challenging for anyone. But it can be especially difficult if you’re emigrating from northern India to Canada with a science degree, a dream of working in the nonprofit world,…
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WCPD plays leading role in Weizmann’s ‘Movie under the stars!’

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Sold-out event to support Weizmann Canada’s Women for Science initiative, to empower, celebrate and promote women in science. “We are so grateful for WCPD’s support of Weizmann Canada’s Women for Science. Not only did this event help to shine a bigger spotlight on science in this critical time, it also was a meaningful investment in enabling the…
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Philanthropy in Ottawa: RBC helps NAC ensure the shows go on

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BY: Sam Laprade Who: RBC Royal Bank The donation: $200,000 The recipient: National Arts Centre Foundation The inspiration: “At RBC we have a long standing tradition of supporting the arts as it is about building community.” – Marjolaine Hudon, regional president, Ontario North and East, RBC Royal Bank When the lights went dark at the…
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Donation provides matching funds to Federation emergency campaign

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Peter Nicholson explains his firm’s tax strategy to maximize charitable giving and why he – as a non-Jew – supports Ottawa’s Jewish community. By Michael Regenstreif, Editor of Ottawa Jewish Bulletin.  Read full article here: https://ottawajewishbulletin.com/jewish-ottawa/donation-provides-matching-funds-to-federation-emergency-campaign  
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