The percentage of income donated by Canadians to charities is at the lowest point in 20 years, a recent study by think tank Fraser Institute shows.
The study, titled “Generosity in Canada: The 2022 Generosity Index,” finds that Canadian tax filers contributed just 0.49 percent of their income to charities during the 2020 tax year—the lowest since 2000.
“Canadians’ generosity peaked at 0.72 percent in 2006, before declining in subsequent years,” the think tank said in a news release on Dec. 15.
The findings are based on data collected by Statistics Canada across 10 provinces and three territories, according to the study. Data for the 2020 tax year was used as it was “the most recent year for which comparable data are available for Canadian jurisdictions.”…