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From the Wires
Registered Political Parties Receive Fourth Quarter Allowances
By: Marketwire .
Jan. 2, 2013 10:05 AM
OTTAWA, ONTARIO -- (Marketwire) -- 01/02/13 -- - Registered political party fourth quarter allowances for the 2012 fiscal year have been paid. These allowances are based on the results of the 41st general election of May 2, 2011. - Registered political parties that meet voting thresholds in a general election are eligible to receive quarterly allowances. - The current annual allowance is $1.53 per valid vote. This annual allowance is paid in quarterly instalments. - Pursuant to the Canada Elections Act, the quarterly allowances are being reduced over a three-year period. Quarterly Allowance for the Period October 1, 2012 to December 31, 2012 ---------------------------------------------------------------------------- Political Party Payment Amount ---------------------------------------------------------------------------- Bloc Quebecois $340,970 ---------------------------------------------------------------------------- Conservative Party of Canada $2,231,991 ---------------------------------------------------------------------------- Green Party of Canada $218,826 ---------------------------------------------------------------------------- Liberal Party of Canada $1,064,527 ---------------------------------------------------------------------------- New Democratic Party $1,725,997 ---------------------------------------------------------------------------- Vote. Shape your world. Elections Canada is an independent body set up by Parliament. Contacts: Latest AJAXWorld RIA Stories
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