The first $200 of annual charitable contributions attract a provincial tax credit of only 5.05%. Contributions above the threshold attract a credit of 11.16%. The credit should be revised so that all donations receive the 11.16% credit. This will particularly benefit lower income small donors and will encourage help for many charities trying to help the most vulnerable in our society.
Volunteers who contribute to the success of our not-for-profit organizations and charities should be eligible for tax benefits that are in direct relation to the work they are performing. For example, a volunteer who contributes 4 hours per week, should be eligible for a tax receipt, as if they had made a cash donation, for 208 hours. The value of those hours would be agreed upon at the onset of the project, or would ...more »
Our low-Income neighbourhoods experience increase in income inequality; challenges to the social fabric of the community; decreases efficiency of social institutions; high rates of unemployment and underemployment; increasing risks of depression - mental health issues; lower school graduation rates; increase in crime/organized crime rates; deterioration of housing and general quality of life. Therefore, we should urge ...more »
In 1990, tuition covered about 20% of the operational costs of Ontario universities. Pubic funding covered 80%. Now, tuition covers nearly 50% of the universities' budgets. (See http://www.ousa.ca/2013/06/27/weve-got-our-wires-crossed-the-slow-changing-story-of-university-operating-funding/). The reason is mainly a decrease in public funding. Here's a solution: 1- progressively increase public funding to the 60% mark, ...more »
Provide small and medium sized businesses and large corporations varying levels of a tax credit when at least 50% of their employees can choose to telework at least 1 full day a week. 1) This will be especially beneficial for smaller businesses and start ups and may encourage increased hiring. 2) Telework will ease the demands on our physical infrastructure and traffic/transit problems in places like Toronto. It is ...more »
Some locations in the world mandate companies to pay employees a small bonus, 15-20%, to their normal pay when they are taking their vacation time. This has the effect of encouraging employees to take all of their mandated vacation time. I'd like to see something similar, but implemented in a different manner, a small tax credit that is earned by spending 5 consecutive days or more in an Ontario travel location (campsites, ...more »
The Ontario Government should allocate existing tax credits to reward voters for casting a ballot in a provincial election. Allocate 50% of the base portion of our Provincial Tax credit that we receive on our first $9,800 of income and only grant it for a four year cycle if a voter has cast a ballot in a provincial election. Exemptions could be granted for individuals who were unable to cast their ballot for legitimate ...more »