The Progressive Conservative candidate for Steinbach says a re-elected PC government will nearly double the charitable donation tax credit.
Kelvin Goertzen announced in Steinbach Friday morning that this change would increase the rebate on the first $200 charitable donation from 10.8 per cent to 20 per cent. For contributions over $200, the rebate would jump from 17.4 per cent to 25 per cent. Goertzen says this change would mean Manitoba would have the most generous charitable tax credit in the country.
"Today's announcement is about what it really means to be a Manitoban," says Goertzen. "Manitobans give, it's who we are, it's in our DNA, Manitobans give of their time, of their money and they give from the heart."
Goertzen says in 2021, more than 192,000 Manitobans gave to charity. He says he is constantly in awe when he hears of charities smashing fundraising targets each year. And, he says for several years now, Steinbach has been named the most generous city in all of Canada.
"The most generous province in Canada should be recognized with the most generous charitable tax credits," he adds.
The PC candidate says the impact of Manitobans' giving and the impact that charities have on an individual is immeasurable.
"We know that every dollar that is donated to a charity has a ripple effect," he adds. "And those ripples build into a wave that is powerful for helping individuals who need it."
Goertzen says that giving back more to Manitobans who are donating to local charities, will allow residents to give even more.
Goertzen says Friday's announcement comes at a challenging time for all of Canada. He notes the rising costs of food and gas are hurting and straining household budgets. Goertzen says higher interest rates are lifting mortgage payments, making it more difficult to own a house.
Isi Masi is Director of Island Breeze, Manitoba, based in Steinbach. He says as a small charity they always appreciate donations and year-end giving as it enables them to do what they do.
"We depend on these donations and partnerships and know that what we're doing today to highlight charitable causes and increase donation credits will benefit organizations like ours to reach more people and communities."
Goertzen notes Friday's announcement will cost $12 million annually. However, he says this announcement will save and benefit far more than it will ever cost because of the impact it will have on individuals.
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