Gifts of Shares

Donating publicly traded securities is one of the most tax-effective ways to support the AGO.

Under current Canada Revenue Agency (CRA) rules, when you donate securities such as stocks, bonds, or mutual fund units directly to a charity, most individuals do not pay tax on the capital gains*. This allows you to give more while reducing the after-tax cost of your gift.

Example: 
If you purchased shares for $5,000 and they are now worth $10,000, selling them would normally trigger tax on the $5,000 capital gain. Instead, by donating the shares directly, you avoid the capital gains tax and receive a charitable tax receipt for the full $10,000 value.

* This is general information only and should not be considered financial or tax advice. Please consult your financial advisor or tax professional for guidance specific to your situation.

If you have any questions, please contact us at 416 979 6648 or [email protected]