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|
|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.