So, Stephane Dion has announced he's quitting ... eventually. There's lots of speculation as to why he's staying, but one popular theory is that he's sticking around until the party crowns a new leader in order to pay off his lingering leadership campaign debt, estimated to be over $200,000. I thought it might be useful to quickly review the law over leadership finance to understand how daunting Dion's task is. When the Liberals changed the party finance laws in 2004, they put in a $5,000 cap for a number of kinds of donations, including to leadership contests.

I had to take a little hiatus from blogging about the election to finish up a paper for a conference this coming weekend. In this paper, my co-author, Lisa Young of the University of Calgary, and I look at patterns of fundraising and spending since the adoption of the changes to Canada's electoral laws in 2004. You may remember that the government banned corporations and trade unions from donating to political parties, enriched the election expenses reimbursement given to qualifying parties (those who get at least 2% of the vote nationally or 5% of the vote in the districts in which they run candidates), made individual donations to poltiical parties more advantageous by strengthening the individual political contributions tax credit, and gave every qualifying party (2%/5%) $1.75 per vote per year. As the media have reported, the Conservatives have been raking in money like crazy.

NDP leader Brian Mason is proposing an end to corporate and union donations to political parties in Alberta. Mason is pitching this as something that would eliminate (or at least reduce) corruption in Alberta.