As Canadian charities face a long-term crisis of financial sustainability, they are looking at ways to increase earned income. At the same time, for-profit businesses have become more active in areas once thought to be the unique domain of charities.
This discussion paper, by Chief Economist Brian Emmett, argues that for-profit businesses and charities co-exist in many markets, both benefiting from government support, and that tax policy has little, if any, effect on market shares and earnings of for-profit businesses.
Released in January 2019.