Monday, November 16, 2009

CBC News - Canada - Charitable donations down 5.3% in 2008

CBC News - Canada - Charitable donations down 5.3% in 2008: "Canadians donated $8.19 billion to charities in 2008 — a 5.3 per cent drop from the previous year — as the recession led people to contribute a little less to good causes.

It was the lowest annual donation figure since 2005's $7.9 billion.

The news isn't all bad, however. Figures released by Statistics Canada on Monday show that the number of people whose tax returns reported charitable giving went up by 1.7 per cent in 2008 to almost 5.8 million."

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