View Single Post
Old 04-02-2014, 08:41 AM   #9
GP_Matt
First Line Centre
 
GP_Matt's Avatar
 
Join Date: Jun 2011
Location: Edmonton
Exp:
Default

Quote:
Originally Posted by Slava View Post
The way I understood it was that this is a trust that the party holds and has for the past almost 40 years. They have taken money from this through the years and it's kept them out of debt at times.

It was around before some of the election laws were changed and because of that they were allowed to keep it.
The way I read it was that they are borrowing against it. Having an asset to borrow against should see them receive a lower rate than the other parties would be able to obtain. It also allows them access to money quickly if they need a cash infusion to defeat another party.
GP_Matt is offline   Reply With Quote
The Following User Says Thank You to GP_Matt For This Useful Post: