Money

Canada's political tax credits system allows you to make a major impact on the future of our country at a low after-tax cost to you:

  • 75% tax credit on donations up to $400

  • 50% tax credit on donation amounts between $400 and $750

  • 33.3% tax credit on donation amounts over $750

Let's take a look at what this means for different donation amounts:

  • A donation of $100 would only cost you $25 after taxes

  • A $500 donation would cost you $150 after taxes (75% of $400 + 50% of $100)

  • A $1,000 donation would cost you $442 after taxes (75% of $400 + 50% of $350 + 33.3% of $250)

For more information on political donation tax credits, visit Elections Canada