Canada's charitable sector is in rough shape, with 7 in 10 charities having laid off 84,000 staff during COVID-19. CTV News' Chief Financial Commentator Pattie Lovett-Reid explains in her column on CTVNews.ca.
TORONTO -- If you can give financially, would you?
Meanwhile, many Canadians have the capacity to help. In fact, Cardus found that the wealthiest 40 per cent of Canadians are sitting on an estimated $5.3 billion, amassed through lower expenses and less discretionary spending during the pandemic lockdowns.Sure, some of this money will find its way back into the economy, once provinces fully re-open. However, some of that money could find itself helping out struggling charities that, in turn, could help others.
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