Explainer: The Effective and Accountable Charities Act (Bill S-216) – what you need to know
Why It Matters
Many critics see the current regulations on funding non-charities as a colonial form of control over already marginalized groups. This new bill proposes changes that would shift the power from funders to people on the ground.
In the recently released 2022 federal budget, a seemingly small detail with no money attached to it was a very big deal in the charitable sector.
The Canadian government expressed support for amending the Income Tax Act (ITA) and “implement[ing] the spirit” of Bill S-216.
But what is Bill S-216? Future of Good explains what this bill is, and what the non-profit sector could look like if it is passed:
What is Bill S-216?
Ontario Senator Ratna Omidvar presented Bill S-216, or the Effective and Accountable Charities Act, in the Senate on November 22, 2021. It proposes amendments to the Income Tax Act on how a registered charity can use their financial resources.
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