Greater Edmonton Foundation Housing for Seniors

The Government of Canada has eliminated the capital gains tax on the eligible amount of publicly traded securities donated to registered charities.

Publicly traded securities include:

• a share, debt obligation, or right (e.g.: stock option) listed on a designated stock exchange;
• a share of the capital stock of a mutual fund corporation;
• a unit of a mutual fund trust;
• a prescribed debt obligation (e.g.:  government savings bond).

For more information please see capital gains realized on gifts of certain capital property or refer to Form T1170, Capital Gains on Gifts of Certain Capital Property.

If you are interested in donating securities please contact the GEF Fund Development Office at 780-482-6561.  We encourage you to consult with your lawyer and/or financial advisor.