Prime Minister Stephen Harper & Finance Minister Jim Flaherty

On Thursday, November 27th, the Conservatives are expected to announce a plan that would slash public funding for political parties beginning next year. Jim Flaherty, Canada’s Finance Minister, will make the announcement in his fiscal update – a proposal that is seen as a declaration of war to opposition parties.

Currently, all political parties receive a public subsidy of $1.75 per year for each vote they receive in the most recent general election. This subsidy has cost taxpayers approximately $28-million in the past year.
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