Mar 30, 2016
By Jane Brown
Ontario’s Premier is promising to clean up political fundraising in the province when sweeping reforms are unveiled by fall.
Kathleen Wynne is promising new rules and restrictions, after it was revealed in published report that cabinet ministers have secret fundraising targets of up to $500,000 a year.
“The government will bring forward a plan in the fall and that will include new rules on third party advertising…It will also include transitioning away from corporate and union donations, lowering the annual donation limit, and at the same time keeping the transparency measures currently in place on real time reporting,” Wynne explained.
The annual donation limit she refers to is the $9975 contribution cap that is routinely exceeded due to loopholes.
Corporations, unions and individuals can donate much more than their yearly limit by giving additional cash during by-elections and by bankrolling candidates during party leadership campaigns.
The news comes ahead of tonight’s $1600 a plate Heritage Dinner for the Ontario Liberal Party, which will collect about $3-million, making it one of Canada’s biggest political fundraisers ever.
Progressive Conservative MPP Monte McNaughton calls Wynne’s reforms “long overdue” saying “democracy should not be purchased in Ontario.”
Corporate and union donations are already banned at the federal level.
More on this topic coming up on Zoomer Radio’s Fight Back with Libby Znaimer after the noon news.