Ontario Bill 2: Prohibiting political contributions from corporations and trade unions
This Explanatory Note was written as a reader’s aid to Bill 2 and does not form part of the law. Bill 2 has been enacted as Chapter 22 of the Statutes of Ontario, 2016.
A number of amendments are made to the Election Finances Act. Among them:
1. Corporations and trade unions are prohibited from making contributions to parties, constituency associations, nomination contestants, candidates and leadership contestants. Contribution limits for individuals are reduced.
2. “Nomination contestants” — persons seeking to be endorsed as a party’s candidate in an electoral district — are brought within the Act, on and from July 1, 2017.
3. Quarterly allowances are made payable to registered parties and constituency associations.
4. The rules regarding loans and loan guarantees are made more restrictive….