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The Social Credit Party of Canada (French: Parti Crédit social du Canada), colloquially known as the Socreds, [3] was a populist political party in Canada that promoted social credit theories of monetary reform.
The party stood a single candidate in the 1935 general election, Wilfred Townend, who polled 11% of the vote in Leeds South. [1] Despite this lack of success, Hargrave was invited by William Aberhart to take an advisory post in the Government of the Province of Alberta, Canada, that had been formed by the Social Credit Party of Alberta. [4]
The British Columbia Social Credit Party was a conservative political party in British Columbia, Canada.It was the governing party of British Columbia for all but three years between the 1952 provincial election and the 1991 election.
The Alberta Social Credit party won a majority government in 1935, in the first election it contested, barely months after its formation. During its first years, when led by William Aberhart, it was a radical monetary reform party, at least in theory if not in effect.
The name Social Credit Party has been used by a number of political parties. In Canada: Social Credit Party of Canada; Manitoba Social Credit Party; Parti crédit ...
Social Credit was never able to form a provincial government in Quebec due to the near dominance of social conservative votes by the Union Nationale party from the 1930s into the 1960s. The Social Credit Party, however, soon became a major contender in Quebec for seats to the federal Parliament in the 1960s.
The New Zealand Social Credit Party (sometimes called "Socred") was a political party that was New Zealand's third party from the 1950s to the 1980s. It won representation in the New Zealand House of Representatives, holding one seat at times between 1966 and 1981, and two seats from 1981 to 1987.
The idea of social credit attracted considerable interest in the interwar period, with the Alberta Social Credit Party briefly distributing "prosperity certificates" to the Albertan populace. However, Douglas opposed the distribution of prosperity certificates which were based upon the theories of Silvio Gesell . [ 6 ]