The reality is, we face major labour shortages in trades in Canada. Between 2014 and 2020, we can expect 219,000 construction industry employees to retire. And in cases like Fort McMurray, the wildfires both decimate local economy and create a huge need for skilled trades to help rebuild the community.
By examining the actual return on investment of our charitable donations, we can better assess the tangible social impact of our donations. To do this, ask yourself, what social impact has my donation made? Or better yet, ask your charity of choice how the dollars you donated made a difference.
Unfortunately, it remains part of Canada's culture of philanthropy to think charities should spend all their money directly on programs and that "administrative" spending is wrong and should be discouraged. There's a double standard, with different expectations of businesses than of charities when it comes to investing internally.