British Columbia ends era of ‘big money’ in politics
“We’re reforming campaign finance rules to make sure government’s actions and decisions benefit everyone, not just those with deep pockets,” said Premier John Horgan.
“This legislation will make sure 2017 was the last big-money election in our province,” said Attorney General David Eby.
“The days of limitless donations, a lack of transparency and foreign and corporate influence over our elections are history.”
The Election Amendment Act, 2017, will:
- End corporate and union donations
- Limit individual contributions to $1,200 a year, the second-lowest limit in Canada
- Ban out-of-province donations
- Cap contributions to third-party election advertisers
- Require ongoing public reporting of all fundraisers attended by major party leaders, cabinet ministers and parliamentary secretaries, including those held in private residences
- Reduce campaign spending limits for candidates and political parties by about 25%
- Set new fines and penalties for contraventions of election financing and advertising laws. ■
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