Registered Political Parties Receive Fourth Quarter Allowances

OTTAWA, ONTARIO--(Marketwire - Jan 2, 2013) -

- 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 Québécois $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

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Elections Canada is an independent body set up by Parliament.