Gift of securities

Donating stocks, bonds, mutual funds, flow-through shares or other securities can be a tax effective way for you to help support Trans Canada Trail’s mission and work. You will need to instruct your broker to transfer the securities to Trans Canada Trail’s brokerage account, and inform us by completing the attached form (PDF).

The benefits include no tax on the capital gains that have accumulated on the securities, and your donation receipt will reflect the closing market value of the shares on the day our brokers receive them (which will reduce taxes on other sources of income). Also, you will eliminate tax on the capital gain that would be payable if you otherwise sold the security.

Example: This example is only for illustration purposes. Tax impact will depend on individual circumstances.

 GIFT to Trans Canada Trail  Selling Shares on the Market and Donating Cash  Donating Shares
 Fair market value of shares  $100,000  $100,000
 Cost of shares  $20,000  $20,000
 Capital gains realized  $80,000  $80,000
 Taxable capital gain  $40,000 (50%)  $0
 Taxes payable (assume 46%)  $18,400  $0
 Tax credit* (assume Ontario resident)  $46,000  $46,000
 Net tax reduction  $27,000  $46,000


If you have any questions, or would like more information about making a gift of securities, please contact Olivia Wyllie at or call 1-800-465-3636, ext. 4354.