How to Fund Political Parties

Posted: January 4th, 2023

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How to Fund Political Parties

Political party funding is a technique that political parties use to generate money for daily operations and campaigns. The study proposes that party funding should happen following the new directives adopted during June 28, 2004, general election (Crandall and Andrea 19). The poll conducted under new directions tried to regulate contributions in similar ways to those practiced in various provinces and first implemented in Quebec (Sayers and Young 1). Funding should abide by changes to the Political Financing, also known as Income Tax Act, and the Canada Elections Act included in Bill C-24, introduced in June 2003 (The Law Library of Congress 19). The Bill stipulates that only individual persons may offer financial aid to registered political parties. The regulation directs that unions, organizations, and other groups may contribute only $1000 each year (Zeidler). Funding of the party should happen so that permanent residents or citizens may give up to $5000 annually to each party and its affiliates (Sayers and Young 1). Furthermore, people should follow the Bill, which directs that individuals may offer a maximum of $5000 per leadership race (Beange 5). However, the regulation also allows for a more generous plan of public funding for political parties and individual candidates and lengthens the directives to the inter-election period. For instance, the new directive directs that registered political groups will get a yearly allowance set at the rate $1.75 for every vote the party acquired in the most recent polls, but only if they garner about 2% of all votes casted across the nation (Sayers and Young 1). Following these guidelines will help avoid any form of graft and misappropriation of public funds that usually result in a loss of public trust and legal battles.

Works Cited

Beange, Pauline. “Canadian Campaign Election Finance Regulation by Network Oversight.” Journal of Parliamentary and Public Law, 2015, pp. 1-15.

Crandall, Erin and Andrea Lawlor. “Third Party Election Spending in Canada and the United Kingdom: A Comparative Analysis.” Election Law Journal, vol. 13, no. 4, 2014, pp. 476-492.

Sayers, Anthony and Young Lisa. “Election Campaign and Part Financing in Canada.” Democratic Audit of Australia, 2004, pp. 1-10.

The Law Library of Congress. Regulation of Foreign Involvement in Elections. The Law Library of Congress, 2019.

Zeidler, Maryse. “B.C. NDP Outpace Liberals in Donations Leading up to 2017 Elections.” CBC, 20 August, 2017, https://www.cbc.ca/news/canada/british-columbia/b-c-ndp-outpace-liberals-in-donations-leading-up-to-2017-elections-1.4253757. Accessed 18 November 2020.