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$7.2M In Quarterly Allowances to Canada's Political Parties Print E-mail
Canadian Economy |  Written by CEP News |  Jul 03 08 17:15 GMT | 
(CEP News) Ottawa - Canada's five major political parties have carved up nearly $7.2 million in federal allowances for the second quarter of the year, Chief Electoral Officer Marc Mayrand announced Thursday.

A registered political party that obtained at least 2% of all valid votes cast at a general election or at least 5% of the valid votes cast in the electoral districts in which it ran a candidate in a general election is eligible for the quarterly allowance, which works out to $0.4375 per valid vote received.

The Conservative party was awarded the largest payment of just over $2.6 million while the federal Liberals received close to $2.2 million.

The New Democratic Party received nearly $1.3 million, the Bloc Quebecois more than $758,000 and the Green Party of Canada just over $324,000.

The payments are made in accordance with a section of the Canada Elections Act.

By Geoff Matthews, This email address is being protected from spam bots, you need Javascript enabled to view it , edited by Cristina Markham, This email address is being protected from spam bots, you need Javascript enabled to view it

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