Updated January 31, 2025

The Government of Canada has announced an extension for making charitable donations eligible for the 2024 tax year. Originally set to conclude on December 31, 2024, the deadline has now been extended to February 28, 2025.

On January 23, the Department of Finance published draft legislation to implement the Finance Minister’s December 30, 2024, announcement extending the deadline for donations to qualify for 2024 tax relief until February 28, 2025. The Canada Revenue Agency (CRA) has confirmed that it will administer this extension in accordance with the draft legislation.

This extension aims to mitigate the impacts of the recent four-week Canada Post mail stoppage, ensuring that donors have sufficient time to make their contributions to Canadian charities. 

For Aqueduct Foundation donors, this means they can make a donation until February 28, 2025 and claim it on their 2024 taxes.  The donation tax receipt will be dated the day the donation is received. The Government announcement indicates that this extension applies to both individual and corporate donors. The extended deadline provides donors more time to finalize their 2024 charitable plans and maximize their tax benefits.

For more information on how to donate and the benefits of charitable giving, visit: https://www.canada.ca/en/department-finance/news/2024/12/government-of-canada-announces-extension-of-2024-charitable-donations-to-february-28-2025.html