May 17, 2012
Direct subsidies for political parties shrink
By Daniel Proussalidis, Parliamentary Bureau
OTTAWA - Federal political parties will get almost $8 million less this year when they extend their hands to collect their quarterly subsidies from taxpayers.
Those figures are contained in the Conservative government's budgetary estimates tabled Thursday. Parliament voted in December to phase out the per-vote subsidy for political parties.
"Funding for political activities should come from ordinary Canadians who choose to contribute -- not from corporations, not from unions and not from government," Minister of State for Democratic Reform Tim Uppal said in a statement.
Instead of getting $2.04 per vote received in the last election, parties will collect $1.53 per vote this year.
The subsidy will be scrapped by 2015.
The Tories stand to lose the biggest chunk of subsidy revenue, but they've also been the most successful fundraisers.
The Liberals have had the most difficulty finding Canadians willing to donate cash.
While the direct subsidy of political parties is ending, a hefty tax credit for political donations continues.