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Friday, May 27, 2011

NDP will learn to live without party subsidies: Layton

OTTAWA—Jack Layton says ending the public financing of political parties is bad for democracy, but he has little hope the Conservative government will change its mind so New Democrats will learn to live with it.

“This of course opens the door then for big money to come back into politics, where private fundraising will become the engine of the political system. We think that’s wrong,” Layton told reporters on Wednesday.

“Of course our party will live with the new rules even though we think that they actually undermine democracy and we will all just have to work harder to raise the funds that are necessary.”

Finance Minister Jim Flaherty confirmed on Wednesday that his upcoming budget would make a longtime Conservative dream a reality and end the per-vote subsidy that provides political parties with a total of $27 million annually.

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