Quote:
Originally Posted by old-fart
The maximum a federal party can spend on the election is $18M. The maximum each individual candidate can spend is somewhere in the neighborhood of $80K. Even if you assume each candidate spent the maximum (and I can guarantee you that is not the case), the absolute most the Greens, in their entirety, could spend would be around $43M.
I'd expect most green candidates spent considerably less than the $80K allowed, and I'd be shocked if the national campaign spent anywhere near $18M. I didn't see a single advertisement for them, or hear one on the radio. They didn't rent a plane (a major expense). It didn't appear that they had an advertising firm, nor a PR firm working with them.
Are you sure you didn't miss a decimal point? $5.4M maybe?
In any event, yes... parties have shown that they are comfortable racking up the debt. However, they are just businesses. They do get their money from banks, that do charge interest on those loans. At some point, the banks are going to either jack up the rates to a significant level, or just say no because the risk is too great.
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could have missed a decimal point, but the article was on Canada.com where May was begging for donations. I remember being shocked because 54 million was an unuasually high number, far beyond the spending limits.
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