Canadian charitable donations reach their lowest levels in 40 years
Dana Lacey, Financial Post, November 21, 2009
The recession has kept Canadians from embracing their charitable side. Figures released by Statistics Canada this week reveal that charitable giving dropped 5.1% in 2008, from $8.65-billion to $8.19-billion — the largest decline in 40 years. Manitobans were the most charitable Canadians — 27% were donors — followed by a three-way tie with Prince Edward Island, Ontario and Saskatchewan, with 26% donors. For the past three years, the national median donation has stayed the same at $240. Nunavut had the lowest percentage of donors (10%), but the highest median donation at $500. The median donor age was 53, unchanged from 2007. Of course, the numbers do not account for the hours of volunteer work donated to charities every year.