B.C. charities welcome proposed extension of tax deduction deadline [Video]

Charities in B.C. are praising the federal government’s proposed move to extend the deadline to claim charitable donations on Canadians’ 2024 tax returns an extra two months, to the end of February.

The feds say the move, announced on Monday, is aimed at mitigating the impact of the month-long Canada Post strike.

Charities say they saw a significant decline in donations as a result of the job action, which halted postal service for over four weeks and prevented donors from sending cheques in by mail.

Now, with the feds’ announcement that they intend to extend the deadline, charities say they could look to recoup some of those lost funds at a time when demand for charitable services is higher than ever.

WATCH | Charities worry about impact of Canada Post strike: It’s Giving Tuesday, but charities across Canada say they’re feeling the impact of the Canada Post strike, noting a drop in donations as people aren’t mailing cheques as usual. As …