> Their legal spending cap was roughly $35.8 million. Several insiders say the party borrowed close to the max, or at least enough to require those rebates to service the debt. With only about 15 percent of ridings qualifying, the NDP’s repayment plan has collapsed.
> If the NDP can’t repay its loan within three years, under the Canada Elections Act, that unpaid balance can be deemed a political contribution. That’s where things go from bad to existential.
There is a ton more in the article on why not being able to repay the loan within a few years becomes a crisis for the party. After a certain number of years, unpaid loans are deemed as political contributions. A bank can’t donate to a political party, and so the unpaid loans become illegal donations that can’t be declined and sent back. A huge violation in the eyes of Elections Canada.
Their already massively over leveraged HQ building in downtown Ottawa will likely have to be sold (they already fired much of their party staff anyway).
The NDP looks to be in a terrible place.
BertramPotts on
Don’t understand this article at all, makes a very good case about how and why the consultant class running the centre has mismanaged the Party, then advises wasting good money after bad:
>The party’s base is revolting. Reclaim Canada’s NDP, a grassroots group within the party unhappy with how the central team managed things, is now calling on supporters to cancel their donations to the federal party and instead send money directly to riding associations. Their logic is simple: the central party is too dysfunctional to trust, so the only path forward is to rebuild from the ground up. It’s not a whisper campaign. It’s a public, organized rebellion. And if they succeed, they may be unwittingly killing the actual party they wish to save.
The NDP will not be die if they get audited by the CRA and the way to fix things is not to pour more money in to consultants‘ salaries, which is the only place it will go if you send your donations to Ottawa.
I hope they do get audited, I hope they’re is not a dime left for the consultants. The Party may rise again but only if people want to vote for them. They didn’t need the Jack Layton building to build the Orange Wave, they did need much healthier riding associations than exist today.
Link50L on
I’ve never voted NDP and I’m typically not a fan of their leaders or broadly speaking their policies, but I really do not want to see Canada becoming a two-party system.
Good-Ad-9156 on
NDP let the conservatives steal their working class base. When union employees are voting blue in high numbers, your message and platform is wrong. Instead of focusing on the declining economic prosperity of Canadian workers, NDP prioritized social justice grandstanding and government expansion.
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> Their legal spending cap was roughly $35.8 million. Several insiders say the party borrowed close to the max, or at least enough to require those rebates to service the debt. With only about 15 percent of ridings qualifying, the NDP’s repayment plan has collapsed.
> If the NDP can’t repay its loan within three years, under the Canada Elections Act, that unpaid balance can be deemed a political contribution. That’s where things go from bad to existential.
There is a ton more in the article on why not being able to repay the loan within a few years becomes a crisis for the party. After a certain number of years, unpaid loans are deemed as political contributions. A bank can’t donate to a political party, and so the unpaid loans become illegal donations that can’t be declined and sent back. A huge violation in the eyes of Elections Canada.
Their already massively over leveraged HQ building in downtown Ottawa will likely have to be sold (they already fired much of their party staff anyway).
The NDP looks to be in a terrible place.
Don’t understand this article at all, makes a very good case about how and why the consultant class running the centre has mismanaged the Party, then advises wasting good money after bad:
>The party’s base is revolting. Reclaim Canada’s NDP, a grassroots group within the party unhappy with how the central team managed things, is now calling on supporters to cancel their donations to the federal party and instead send money directly to riding associations. Their logic is simple: the central party is too dysfunctional to trust, so the only path forward is to rebuild from the ground up. It’s not a whisper campaign. It’s a public, organized rebellion. And if they succeed, they may be unwittingly killing the actual party they wish to save.
The NDP will not be die if they get audited by the CRA and the way to fix things is not to pour more money in to consultants‘ salaries, which is the only place it will go if you send your donations to Ottawa.
I hope they do get audited, I hope they’re is not a dime left for the consultants. The Party may rise again but only if people want to vote for them. They didn’t need the Jack Layton building to build the Orange Wave, they did need much healthier riding associations than exist today.
I’ve never voted NDP and I’m typically not a fan of their leaders or broadly speaking their policies, but I really do not want to see Canada becoming a two-party system.
NDP let the conservatives steal their working class base. When union employees are voting blue in high numbers, your message and platform is wrong. Instead of focusing on the declining economic prosperity of Canadian workers, NDP prioritized social justice grandstanding and government expansion.