Gift of Stocks and Securities

A donation of securities is an efficient way to support HSC. It can allow you to save more and give more.

The Canada Revenue Agency does not apply capital gains tax on donations of publicly traded securities. You have a capital gain when you sell a security for more than you paid for it.

When you sell your shares for cash, you’re required to pay tax on the gain, even if you plan to donate the proceeds. But, when you donate the security directly to HSC, the capital gains are not subject to tax, allowing you to make a larger gift. You also receive a tax receipt for the full value of your eligible security.

We encourage you to seek the appropriate tax advice from your accountant or financial adviser to determine the best option for you.