C.D. Howe Institute
Charitable organization · Toronto, Ontario · BN 118841626RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($8,087,727) as filed with the CRA.
C.D. Howe Institute is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $8.6M in revenue and $8.1M in expenditures.
Its funding that year was roughly 60% from donations, 10% from government, 13% from other charities. In 2024, 22 other registered charities reported granting it a combined $1.4M.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 42% of peers. Its highest-paid position fell in the $350,000 and over range. The charity reported 40 permanent full-time positions.
In its own words
The c.d. Howe institute is a registered charity and an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. Widely considered to be canada's most influential think tank the institute is a trusted source of essential policy intelligence distinguished by research that is nonpartisan evidence-based and subject to definitive expert review.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $8.6M | $8.1M | $6.6M | — | — | $11.4M |
| 2023 | $8M | $7.7M | $6.5M | — | — | $10.1M |
| 2022 | $7.8M | $6.9M | $5.8M | — | — | $9.8M |
| 2021 | $8.1M | $6.1M | $5.1M | — | — | $10.4M |
| 2020 | $7M | $5.9M | $4.9M | — | — | $9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1.4M from 22 charities:
- Regent Family Foundation$419K
- The John Dobson Foundation$250K
- United Way of Greater Toronto$150K
- The Hugh and Laura MacKinnon and Family Foundation$150K
- Canadahelps Canadon$100K
- Canadahelps Canadon$100K
- Lotte and John Hecht Memorial Foundation$55K
- Hunter Family Foundation$50K
- The Petman Foundation$50K
- The Wilson Foundation la Fondation Wilson$25K
- Charitable Gift Funds Canada Foundation$24K
- Max Bell Foundation$16K
- Link Charity Canada Inc$15K
- BenefAction Foundation$8,000
- The New Orchard Foundation$8,000
- Qube Charitable Foundation$7,500
- Canadian Online Giving Foundation$6,394
- Burgundy Legacy Foundation$5,000
- The LeGresley Family Foundation$2,500
- Toronto Foundation$2,000
- The Rogan Foundation$1,500
- The Sixty Three Foundation$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over1 position
- $200,000–249,9994 positions
- $160,000–199,9991 position
- $120,000–159,9994 positions
- Permanent full-time positions40
- Total compensation, all staff$5.3M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from C.D. Howe Institute’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118841626RR0001), or read how we compute the receipt.