Bahman Yazdanfar talks to Will Arlow about the Federal Electoral Process Live on Voters Echo!
Joan Bryden of The Canadian Press on July 28, 2015 wrote:
“It's not just political parties that will be spending money hand over fist if Stephen Harper fires the starting gun for the Oct. 19 federal election weeks earlier than necessary. Taxpayers will be shelling out big bucks, too — millions in extra administrative costs and tens of millions more in rebates to parties and candidates for their inflated election expenses.”
“Elections Canada estimates that a campaign this fall of 37 days — the minimum required by law — would cost roughly $375 million to administer.”
“Most of the money parties and candidates will be throwing around during the campaign comes from donations, which are worth a generous tax credit of 75 per cent on the first $400, 50 per cent on the next $350 and 33.3 per cent on the next $500. The Canadian Taxpayers Federation estimates those tax credits are worth somewhere between $16 million and $36 million per year in foregone revenue. Each party running a full slate of candidates is entitled to spend a maximum of about $25 million for a five-week campaign; each candidate an average of about $100,000.”
“But, under the recently passed Fair Elections Act, those spending limits will increase by 1/37 for each day a campaign exceeds 37 days. That's an extra $675,000 per day for each party's national campaign, an additional $2,700 per day for their candidates.’
“Parties are entitled to rebates of up to 50 per cent of their eligible election expenses; candidates up to 60 per cent.”
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https://www.youtube.com/watch?v=_u6dgwrmlNs