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Canada's largest theatre companies, dance companies, opera companies and symphony orchestras face major challenges in expanding their audience and generating sufficient revenues to be financially sustainable, says a new report conducted by the Canada Council for the Arts.
This paper examines how other countries have adjusted their definition of charitable status, highlights the best mechanisms being used by other countries to ensure that qualified charitable organizations have access to the tax system for fundraising and other purposes, and evaluates the comparative costs and benefits of alternative approaches to restructuring the tax system.