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Welcome to Sean Smiths Civics blog. Catch up on News and current events happening in our world today. If you have any questions feel free to comment or email me at sean.smith@sac.on.ca

Tuesday, November 24, 2009

Charities hit hard by recent recession

Charities over the last couple of years have been hit hard due to the recent recession. Are people just less willing to give? Or is there just not enought money out there? The federal agency is going to send out a report showing the money donated to Canadian charities. It is excpected that there will be a huge decline and is said to be one of the biggest declines in the last 40 years! Canadian health care charaties have decreased around 10 percent. Several universities have dropped 40 percent in gift giving. The recession is really hitting charities hard, a survey was done in British Columbia and around 53% of charities revenue dropped by a huge 20%. Twenty seven percent said their revenue increased however, many said it was just from huge one time grants.

Personally, I dont believe that people are less giving in these times however, I believe that the families just cant afford to give there money away. With Christmas coming up I think families will be saving every penny they can to provide gifts and food for their families. I hope that we can get out of this reccession and start thinking about others!

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