Monday January 2, 2012

Federal Politics

Still In The Giving Mood?

Your election contribution limit is now $1200

Released by Elections Canada

he Chief Electoral Officer of Canada, Marc Mayrand, would like to remind Canadians about political contribution limits that have changed as a result of inflation adjustment.

Contribution limits are adjusted each April 1 based on the formula set out in the Canada Elections Act. Some adjustments will take effect January 1, 2012, while others have been in effect since April 1, 2011:

• The annual limit for total contributions to a particular registered political party will increase to $1,200 as of January 1, 2012.

• The annual limit for total contributions to any combination of candidates, nomination contestants and registered electoral district associations of a particular registered party will increase to $1,200 as of January 1, 2012.

• The limit per election for contributions to each independent candidate in an election commencing between April 1, 2011 and March 31, 2012 has increased to $1,200.

• The limit per contest, in total, for contributions to the leadership contestants in a particular leadership contest commencing between April 1, 2011 and March 31, 2012 has increased to $1,200.

Only Canadian citizens and permanent residents are eligible to make political contributions.

Elections Canada is an independent body set up by Parliament.

 For more information visit: www.elections.ca

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