Reply #15: MPs pass bill limiting political donations

[CHIMO]

OTTAWA - It took months of debate and some last-minute compromises, but Jean Chrétien's bill to radically change political financing easily passed the House of Commons Wednesday.

Bill C-24 limits corporate and union donations to political parties to a maximum of $1,000 and allows them only at the riding association level, not directly to federal parties.

The bill also places a $5,000 limit on individual donations.

As a compromise, Chrétien amended the bill last week to boost the amount each party will receive from public coffers. The subsidy from taxpayers works out to $1.75 for every vote a party received in the previous election, up from $1.50.

http://www.cbc.ca/story/canada/national/2003/06/11/financing030611.html

Recent attempt to limit special interest groups.