Item - 2018.MM41.53
Tracking Status
- City Council adopted this item on May 22, 2018 without amendments.
MM41.53 - City Council Resolution on Supporting Private Contributions to Community-Based Not-for-Profits - by Mayor John Tory, seconded by Councillor Josh Colle
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
City Council Decision
City Council on May 22, 23 and 24, 2018, adopted the following:
1. City Council request the Federal Government to review and modernize the Income Tax Act to benefit charities including by removing the capital gains tax on gifts to charities of private company shares and real estate.
2. City Council forward this Item to the Federation of Canadian Municipalities and request that the Federation of Canadian Municipalities urge the Federal Government to make amendments to the Income Tax Act (Canada) as outlined in Part 1 above.
Background Information (City Council)
Motions (City Council)
That Mayor John Tory be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
City Council Resolution on Supporting Private Contributions to Community-Based Not-for-Profits
Reason for Urgency:
This Motion is urgent as the Federation of Canadian Municipalities is meeting on May 31 to June 3, 2018 and a resolution is needed.
Vote (Adopt Item) May-24-2018 10:14 AM
| Result: Carried | Majority Required - MM41.53 - Adopt the item |
|---|---|
| Total members that voted Yes: 34 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Jon Burnside, John Campbell, Christin Carmichael Greb, Josh Colle, Gary Crawford, Joe Cressy, Glenn De Baeremaeker, Frank Di Giorgio, Sarah Doucette, John Filion, Paula Fletcher, Michael Ford, Mary Fragedakis, Jim Hart, Stephen Holyday, Norman Kelly, Giorgio Mammoliti, Josh Matlow, Joe Mihevc, Frances Nunziata (Chair), Cesar Palacio, James Pasternak, Gord Perks, Jaye Robinson, Neethan Shan, David Shiner, Michael Thompson, John Tory, Lucy Troisi, Jonathan Tsao, Kristyn Wong-Tam |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 10 | Members that were absent are Vincent Crisanti, Janet Davis, Justin J. Di Ciano, Mark Grimes, Michelle Holland, Jim Karygiannis, Mike Layton, Mary-Margaret McMahon, Denzil Minnan-Wong, Anthony Perruzza |