NDP bans big money
The Canadian Press - Sep 18, 2017 - BC Biz

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Premier John Horgan

B.C. political parties will receive an annual allowance over the next five years in an effort to help wean them off unlimited corporate, union and individual donations.

Attorney General David Eby introduced amended Election Act legislation today that will ban big money from politics, saying the May election will be the last campaign under finance rules that earned B.C. a Wild West nickname.

The NDP government would not reveal how much cash the parties will get from government until after a media briefing later this afternoon.

Eby says the legislation will limit individual donations to $1,200 a year, the second lowest figure in Canada.

He says the amended legislation bans out-of-province donations and caps contributions to third-party advertisers.

Elections BC, the agency that monitors provincial elections, reported the B.C. Liberal Party raised $13.1 million in 2016, while the NDP took in $6.2 million and the Greens raised $757,268.


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