Uncharitable: Are Canada’s foundations giving away enough money?

Some of Canada’s biggest charitable foundations gave away less money than the minimum required of them, in a year when the value of their investments grew almost $13 billion. An investigation by The Logic found that in 2019, seven per cent of charities, and one in five of the country’s largest foundations, failed to meet a minimum rate of charitable spending.

Thanks to an assortment of loopholes over how the minimum giving threshold is calculated by the Canada Revenue Agency, these charities are not necessarily breaking the law. But The Logic’s findings come as Canada debates whether to raise that minimum rate in consultations run by Finance Canada.

Reporter Claire Brownell joined The Logic’s deputy managing editor April Fong for a conversation about this investigative series.

    Join now to start reading premium, award-winning journalism.

    By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

    In-depth, agenda-setting reporting

    Great journalism delivered straight to your inbox.


    Crush of cargo containers sends West Coast ports to bottom of global rankings

    China’s Tencent pulled out of financing ‘Top Gun: Maverick’ over pro-U.S. messaging

    CPP Investments launches growth equity group

    Best business newsletter in Canada

    Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

    Exclusive events

    See the bigger picture with reporters and industry experts in subscriber-exclusive events.

    Membership in The Logic Council

    Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

    Canada's most influential executives and policymakers are reading The Logic

    • CPP Investments
    • Sun Life Financial
    • C100
    • Amazon
    • Telus
    • Mastercard
    • bdc
    • Shopify
    • Rogers
    • RBC
    • General Motors
    • MaRS
    • Government of Canada
    • Uber
    • Loblaw Companies Limited