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[29] [31] He stated: "Canadian political parties already have enormous tax advantages, there are credits when you donate to political parties, there are rebates when political parties do spending." [15] Bloc Québécois leader Gilles Duceppe accused Harper of seeking to cripple all other parties, stating: "Its runs against democracy. Parties ...
The rules governing the funding of parties are designed to ensure reliance on personal contributions. Personal donations to federal parties and campaigns benefit from tax credits, although the amount of tax relief depends on the amount given. Also only people paying income taxes receive any benefit from this.
A non-refundable tax credit for charitable donations is calculated at the lowest tax rate for the first $200 in a year, and at the highest tax rate for the portion in excess of $200. Donations can result in a reduction in taxes of between 40 and 60% of the donation depending on the province of the taxpayer and type of property donated.
The Income Tax Act does not define "charity" and Canada uses a common law definition, namely purposes that fall within the four "heads" of charity: the relief of poverty, the advancement of education, the advancement of religion, [3] or other purposes that benefit the community in a way the courts have said are charitable.
The Canada Elections Act allows PACs to "spend up to $150,000 on third-party advertising during an election" but "spending outside the election period is [/was] unlimited." up until the enactment of the Elections Modernization Act in 2018, even after which spending was nonetheless unlimited outside of the defined pre-election periods.
In 2015, the Supreme Federal Court declared corporate donations to political parties and campaigns to be unconstitutional. Before the decision, electoral laws allowed companies to donate up to 2% of their previous year's gross revenue to candidates or party campaign funds, which totaled over 76% ($760m) of the donations on the 2014 election.
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This forced parties to disclose most donations, but put few limits on who could donate and how much could be given. Individual donations up to $1,150 were given a tax credit, encouraging such pledges. The Conservatives had the largest budget, spending $10.4 million on their national campaign; the Liberals spent $9.9 million, while the NDP spent ...