Liberals Change Name - Politics and Money

B.C. Liberals approve process to consider party name change

Members of British Columbia's Liberal Party have approved a process to potentially change the party's name by the end of the year.

Party members voted on the resolution at a convention in Penticton Saturday that welcomed new leader Kevin Falcon, and sought to define the party's strategy for the next election, which is scheduled for the fall of 2024.

The resolution passed Saturday will give all members of the B.C. Liberal Party the chance to vote on a new name or maintain the current one by the end of the year.

"The party's name must be one that reflects a diverse and inclusive big-tent coalition," said Falcon in a release shortly after the vote by some 800 delegates.

https://www.cbc.ca/news/canada/british-columbia/bc-liberals-name-change-possible-by-end-of-2022-1.6485914

Running for office? It'll cost all your money, friends and free time

The challenges faced by candidates running for federal election — money, time, lost opportunities and more — are real barriers that few Canadians can afford to surmount, according to political strategists and alumni alike.

That includes Heather MacKenzie. When she decided to run for office in the 2015 federal election, she knew it wasn't going to be easy but what made it even more difficult was trying to anticipate all the extra hidden costs.

As the NDP candidate for Edmonton-West, she faced stiff competition from both her Conservative and Liberal rivals. Her odds of winning were so slim at the outset, the federal NDP transferred only $500 to her campaign, according to Elections Canada.

Still the mother of two, then 33 years old, went for it.

"I had always thought I might run for office," said MacKenzie, who had previously served as a public school board trustee.

"Eventually my dream was to work in the not-for-profit sector. I studied international development and thought I'd maybe dabble in that as well."

https://www.cbc.ca/radio/costofliving/the-cost-of-running-either-for-election-or-a-deficit-1.5323745/running-for-office-it-ll-cost-all-your-money-friends-and-free-time-1.5323781

Political Party Financing in Canada

The financial activities of political parties in Canada were largely unregulated until the Election Expenses Act was passed in 1974. Canada now has an extensive regime regulating federal political party financing; both during and outside of election periods.
Such regulation encourages greater transparency of political party activities. It also ensures a fair electoral arena that limits the advantages of those with more money. Political parties and candidates are funded both privately and publicly. Election finance laws govern how parties and candidates are funded; as well as the ways in which they can spend money. (See also Canadian Electoral System.)

https://www.thecanadianencyclopedia.ca/en/article/party-financing