TaxFreeCanada

Just some tidbits that may interest you

Cranbrook, BC 2009

The City of Cranbrook with a population of 20102 people in 2009 paid out $1,686,473 in Interest over and above any interest the City Collected.

It doesn't sound like a lot, matter of fact it is around $7 per month for every Cranbrook resident. (including each of your kids) but add it to the $93.89/Month (2006 stats) that we paid in interest per Canadian (including each of your kids) and the approximate $39.43 per month (2010) per BC resident (including each of your kids) we are paying in interest on our Provicial debt and it is starting to become a problem that needs to be dealt with.

Please note *this is not debt repayment I am refering to* it is only the Interest portion--The money that is thrown away.

Over $140 per month per man/woman/child in interest----Not counting your personal finances

 

Canada Tidbits The Canadian government gave $400 million to Haiti for aid after the earthquake in Jan/2010 Approx $11.76 Per Person

                                                The Canadian government gave $5.8 million to Haiti to help pay for their election 2010

                                                The Canadian government has commited to (and is on track to) provide $5 Billion/year in foreign aid from 2010-2011 on

                                                                                That is approx $147.06 per Canadian per year.

                                                National Gun Registry to date has cost over $2 Billion or over $58.82 per Canadian

 Charities-Courtesy of CBC News- Who do you donate to? 

Sept 21/2010 CBC released a study finding examples in nearly every Province in which local, Provincial and National Charities for years have spent most of their revenues to pay the companies that organized their fundraising drives, including

  • The Alzheimer Society of Saskatchewan, which paid $96,849 for a campaign that raised just $95,812.
  • The Children's Leukemia Research Association Canada, which raised $4.2 million over the last four years, but paid $3.2 million of that to its external fundraiser.
  • Nova Scotia Crime Stoppers, which raised $2.8 million between 2003 and 2009 — of which $2.2 million, or 79 per cent, went to pay its fundraiser.


Read more: http://www.cbc.ca/canada/story/2010/09/21/con-charities-fundraisers.html#ixzz199Rlr7e2

 

Money paid by charities spending more than 50% of their revenues on external fundraisers, by province, in 2008:

Province # of charities Amount raised ($) Amount paid to fundraisers ($) Net revenue for charity ($)
B.C. 38 4,976,236 3,436,926 1,539,310
Alta. 27 19,529,677 16,434,884 3,094,793
Sask. 4 537,703 384,954 152,749
Man. 3 561,674 307,378 254,296
Ont. 100 38,223,556 25,024,532 13,199,024
Que. 28 8,477,161 7,113,096 1,364,065
N.B. 5 750,874 588,702 162,172
N.S. 2 406,617 322,806 83,811
N.L. 3 118,969 88,337 30,632
P.E.I. 4 346,448 264,157

82,291

*Data not available for N.W.T., Yukon or Nunavut.

Source: Canada Revenue Agency



Read more: http://www.cbc.ca/canada/story/2010/09/21/con-charities-fundraisers.html#ixzz199XGRSCy

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