Under the formula, which is based on the results of the 2014 election:To offset that reduction, the per-vote public subsidy for political parties will jump to $2.71 a year from a planned $2.26. Ontario’s Liberal government is beefing up its electoral fundraising legislation by lowering the maximum amount that can be donated and increasing taxpayers’ subsidy of political parties. Along with corporate and union contributions being banned, individual donation limits will be $1,200 to a party, $1,200 to candidates of a party and $1,200 to riding associations and nomination contestants of a party. “These rules help the party in government, and they help the party with the richest donors. There would be a $1-million spending limit during that period for political parties.

Source: thestar August 22, 2016 20:15 UTC