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Cryptocurrency Gifts

Your cryptocurrency donation will support the delivery of highest quality care, close to home.

Burnaby Hospital is a community serving a community. Our family of nurses, doctors and health care professionals take great pride in their spirit of innovation and dedicated service to patients.

While our hospital continues to expand, so have the ways we receive generous gifts from donors like you. Much like other appreciated assets such as stock, Burnaby Hospital Foundation now accepts Cryptocurrency donations.

How It Works

Burnaby Hospital Foundation accepts cryptocurrency via CanadaHelps. Please note to complete the online donation form you will be redirected to the third-party web site, CanadaHelps. Please see below for instructions on making your donation through CanadaHelps.

Scan the displayed QR code (on CanadaHelps) with your mobile wallet app or use the provided CanadaHelps address to transfer your cryptocurrency donation to the CanadaHelps wallet. The QR code and link are unique for this transaction and should not be shared or reused.

Once your transfer is received in the CanadaHelps wallet, Canada Helps will promptly sell your cryptocurrency donation and send you a confirmation email with your charitable tax receipt.

Benefits of Donating Cryptocurrency

Usually, cryptocurrency donations are tax-deductible. The CRA generally treats cryptocurrency like a commodity for purposes of the Income Tax Act. Any income from transactions involving cryptocurrency is generally treated as business income or as a capital gain, depending on the circumstances. Similarly, if earnings qualify as business income or as a capital gain, then any losses are treated as business losses or capital losses. For more information about claiming cryptocurrency donations, please consult a qualified tax advisor and Canada Revenue Agency. 

View the guide for cryptocurrency users and tax professionals

What Type of Cryptocurrency Is Accepted?

Currently, we accept donations of Bitcoin and Ethereum.

Where is my gift directed?

Upon filling out your Canada Helps donation information, you will be prompted a drop down listing gift designations; Highest Priority Need, or the Bright Future Redevelopment Campaign. Each designation supports purchases of medical equipment and technologies.