Charitable sector needs ‘home in government’, more transparency: advisory committee
In its fourth report to the Minister of National Revenue, the Advisory Committee on the Charitable Sector (ACCS) has reiterated the need for a “Home in Government” for the sector, to help modernize charity law and regulation.
The four working groups made several additional recommendations, including the need to reassess tax implications for Indigenous communities and organizations through a reconciliation lens; and a mechanism to track each charity’s disbursement quota and increase transparency.
The report also calls for improving the relationship between the CRA and charities in Canada, including improving online processes and portals and providing more compliance-related education.
The ACCS has 15 members, 12 of whom are from the sector and three from the government. It is co-chaired by Sheherazade Hirji from the Aga Khan Development Network and Kevin McCort, president and CEO of the Vancouver Foundation.
The Committee launched in 2019 with the goal of maximizing the sector’s impact, ensuring financial sustainability, and establishing better governance within it.
In one of the first meetings, “members discussed the importance of building the relationship between the charitable sector and the federal government. It was recognized that the CRA plays a regulatory role, but that it can also contribute to a modern vision that supports the important work of the sector.”