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In Canada many people have great habit of donating regularly, some even plan to leave a large lump sum when they pass away. In this video we are going to talk about Canada's charity donation and charitable donation tax credit, what is it and how best to strategize around it. We will also dive into more advanced technique for people who have more specific needs with their donations and want to make a larger impact with their donations.

This is not financial advice!

#canada #donation #finance


▼ Time Stamps

[0:00] Start
[1:10] Tax credit vs tax deductibles
[1:47] How is donation tax credit calculated
[5:35] Things to remember about
[6:33] Using insurance as donation tool
[9:39] Advanced way of donating an insurance
[13:53] Using term insurance for donation


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