Wednesday, September 28, 2005

Good news, maybe, we'll see

The implications of today's article in the Globe and Mail about charitable status are far-reaching. The story itself is about the possibility that Revenue Minister John McCallum may loosen or change the regulations to allow foundation status for The Walrus, whose entire financing model hinges on being able to transfer money from one charity to its own (the famous $5 million). That's very good

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