Newsroom
BHP moves nickel and copper HQ to Toronto as Canada emerges as new clean-tech mining hotspot
Both metals expected to see increased future demand due to electric vehicle industry growth Author of the article: Gabriel Friedman – Financial Times Australia’s BHP Group Ltd. is moving its exploration headquarters for nickel and copper — two metals expected to see increased future demand because of electric vehicle industry growth — to Toronto. The…
Tobi Lütke and Fiona McKean support community COVID-19 relief efforts
BY: Sam Laprade for Ottawa Business Journal. Who: Fiona McKean and Tobi Lutke, Thistledown Foundation The donation: $750,000 The recipients: United Way East Ontario, Ottawa Food Bank and Community Foundation of Ottawa The inspiration: “We’re not out of the woods yet but there is hope on the horizon. Let’s do this.” – Fiona McKean, founder and chairperson, Thistledown…
New Study: Ongoing Impacts of the COVID-19 Crisis On the Charitable Sector
Nearly a year into the pandemic, how does the COVID-19 crisis continue to affect charities’ ability to carry out their mission? While most charities have been able to adapt and innovate to continue to offer services and programs to their communities since the onset of the pandemic, the situation remains challenging. For the vast majority…
Support for STEM blooms at Algonquin thanks to Leacross Foundation
Who: Roslyn Bern, president, Leacross Foundation The donation: $60,000 The recipient: Algonquin College The inspiration: “Algonquin College’s mission is to transform hopes and dreams into lifelong success, and through the commitment of the Leacross Foundation, our female students can realize their dreams in science, technology, engineering and math careers.” – Mark Sakenkoff, vice-president of…
Kinaxis supports struggling music industry with funding for virtual concert series
BY: Sam Laprade Who: John Sicard, CEO, Kinaxis The sponsorship: $250,000 The recipient: Canadian Live Music Association The inspiration: “People matter here. Music matters here. We needed to demonstrate our commitment to the music industry as a whole including the people behind the scenes and the artists themselves.” – John Sicard, CEO, Kinaxis Canada’s live…
Philanthropy in Ottawa: Art auction feeds the heart and the hungry
BY: Sam Laprade Who: Artist Christopher Griffin and generous art enthusiasts The donation: More than $36,000 The recipient: Ottawa Food Bank The inspiration: “When the pandemic struck I knew I had to do something. Not only was there increased demand on the Ottawa Food Bank but they also had to cancel food drives and many…
Are flow-through share investments right for you?
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…
Donors breathe life into ventilator project
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…
Even in crisis, major donors are stepping up
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…
Ottawa Philanthropy Awards highlight unprecedented community leadership
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…
Ottawa youth Logan Hussein launches virtual birthday fundraiser for CHEO
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…
Help Logan meet his birthday fundraising goal for CHEO
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…