Seventy-eight per cent of Canadian charities are classified as small charities. They provide programs and services across all sectors, including those serving vulnerable populations, advocating for the climate and protecting animals.
If COVID taught us anything it’s this: we need our healthcare system. And yet, Ontario’s current funding policy for capital projects — rebuilding old ambulance bays, purchasing MRI machines, and building new wings — relies, in part, on philanthropy. Some experts say that this leaves the system vulnerable to health disparities.
Charities that run food banks and meals-on-wheels programs aren’t the only ones being hit hard by inflation. Organizations that build community infrastructure, like affordable housing or healing lodges are feeling the pinch too. Funders must close the gap created by inflation in order to realize much-needed community infrastructure projects.
Charities are seeing donations from younger donors, especially those between 18 and 25, drop off. Meanwhile, crypto is becoming increasingly popular among this age demographic.
One in four Canadians will rely on charitable services in 2022, according to CanadaHelps projections, yet giving is on a steady decline.
Canada has promised to tighten crowdfunding regulations amid worries white nationalists used them during the Freedom Convoy to raise money. Whatever the Standing Committee recommends could have implications for social movements and fundraisers.
