If you’d like to donate directly to our EDA and help us elect a Maverick MP in Red Deer – Lacombe, please click the link below
DONATION FAQ’s
Q – Will I receive a tax receipt for my donation?
A – Yes, absolutely. See below for information on the tax rebates for donations to political parties
Q – What is the maximum amount I can legally donate to an officially registered party?
A – According to Elections Canada, the maximum allowable total donation to each registered political party for 2021 is $1650. That means you can donate a total of up to $1650 to each political party registered with Elections Canada . Elections Canada also allows you to donate up to a maximum total of $1650 to all registered EDA’s, including nomination contestants and candidates of each registered party. See the table below from Elections Canada:
Limits on Contributions, Loans and Loan Guarantees
Q – What is the maximum non-refundable tax credit I can receive?
A – The Income Tax Act has a sliding scale for political donations (Income Tax Act 127(3)), with the maximum allowable credit being $650. See the table below:
CREDIT (%) | MAXIMUM CREDIT ($) | |
Credit on first $400 | 75% | $300 |
Credit on $401-750 | 50% | $175 |
Credit on $751-$1275 | 33 1/3% | $175 |
Credit on $1275-$1650 | N/A | N/A |
TOTAL | $650 |