Policy & Regulation

Budget 2022 Includes Pfc Recommendations for Major Changes to the Regulatory Regime of Canada’s Charitable Sector 

PFC congratulates the Government of Canada for its announcements in budget 2022 to advance key aspects of the regulatory regime governing the charitable sector. The Government of Canada announced in its 2022 budget a rate increase in the disbursement quota from 3.5 to 5 per cent for charities with assets over $1M. PFC welcomes this increase.