Federal court denies Credit Counselling Services of Atlantic Canada charitable status

By anna smith

Credit Counselling Services of Atlantic Canada (CCSAC) will not regain charitable status; a federal court has ruled. The organisation attempted to overturn a decision by the Minister of National Revenue, but lost its bid today.

In a decision released today, the Federal Court of Appeal confirmed a ruling that the service does not qualify as charitable activity under the definition in the legislation.

The president of CCSAC, John Eisner, responded that it's "business as usual."

Eisner added that the service has been operating without charitable status since the minister's decision was issued in 2013. He said the only difference is they can't issue charitable receipts.

"We felt that we did everything right," Eisner commented. "We felt we had to fight it [the minister's decision]," he said.

The Saint John-based service offers financial advice and debt management services for its clients through offices across Atlantic Canada. Since losing its charitable status, it has operated as a non-profit organisation.

On its website, CCSAC says it doesn't receive any government funding, and the majority of its funding comes from voluntary donations from the creditors they deal with.

Follow @BizReviewCANADA

Read the June 2016 issue of Business Review USA & Canada magazine


Featured Articles

Amelia DeLuca, CSO at Delta Air Lines on Female Leadership

Driving decarbonisation at Delta Air Lines, Chief Sustainability Officer Amelia DeLuca discusses the rise of the CSO and value of more women in leadership

Liz Elting – Driving Equality & Building Billion-$ Business

Founder and CEO Liz Elting Turned Her Passion into Purpose and Created a Billion-Dollar Business While Fighting for Workplace Equality – and Winning

JPMorgan Chase: Committed to supporting the next generation

JPMorgan has unveiled a host of new and expanded philanthropic activities totalling US$3.5 million to support the development of apprenticeship programmes

How efficient digital ecosystems became business critical

Technology & AI

Mastercard: Supporting clients at a time of rapid evolution

Digital Strategy

Why Ceridian has boldly rebranded to Dayforce

Human Capital