Today's date: Sunday February 25, 2018
   
column width padding column width padding
The Wellington Advertiser Masthead Logo

We Cover The County...
39,925 Audited Circulation

WEEKLY POLL   |   Community News   |   EQUINE   |   Schools & Buses

Wellington Weddings 2018
Enhanced_728x90
column width padding column width padding



Split Decision

by Olivia Rutt and Jaime Myslik

Political campaign debts

Pay it back yourself

Seems like Kevin O’Leary, the self-proclaimed “Mr. Wonderful,” can’t pay his debts. He’s back, throwing a fancy fundraiser to pay back his campaign expenses.

O’Leary, who ran in - then dropped out of - the Conservative leadership race last year, reportedly has more than $500,000 in debt from his failed bid. He said he would pay it off, but a pesky Elections Canada rule prevents any one candidate from paying more than $25,000 to their campaign.

I understand the reasoning behind this rule. It allows a somewhat level playing field in the world of politics. However, the race is over. He lost - no, he quit. Why should the Canadian public pay his debts when he can do it himself?

Now, the friends he’s inviting to this fundraiser at Casa Loma in Toronto can likely afford to pitch in. But it’s the principle.

Should a dropout have to ask the public to donate to his already-failed campaign? He should be able to pay off his debt with his funds.

As of 2017, O’Leary is estimated to have a net worth of about $400 million. And if for some reason he did not have the funds to pay off the debt, he should still be accountable for paying it off (like a regular Canadian) or face the consequences of a $2,000 fine and/or jail time.

For the curious, O’Leary spent over $1.9 million (raising $1.4 million) during his 99-day campaign. By comparison, local MP Michael Chong spent just over $845,000 and raised just under $860,000 during his year-long leadership bid.

– Olivia


VS.


Hold them accountable

Kevin O’Leary isn’t happy with Elections Canada.

Last year O’Leary launched a Conservative Party leadership bid, only to drop out of the race weeks before the leader was chosen.

Now he owes $529,184 for his campaign and is only permitted by Elections Canada to pay off $25,000 with his own money. If his debt isn’t repaid in three years he could face three months in jail and a fine up to $2,000.

O’Leary thinks he should be able to pay off his own debt.

I disagree.

First, this rule isn’t new. O’Leary should have known going into the race that he could only pay off $25,000 of his campaign debt with his own money.

Maybe he’s not the business mogul he claims to be if he can’t create and stick to a simple budget.

Second, if Elections Canada gives in and lets him pay, democracy will fall.

The decision would open the gates for the rich and powerful to throw their money into personal campaigns, whether qualified or not, leaving the average candidate who could do really great things for Canada without a chance. Why? Lack of personal wealth.  

That’s a slippery slope Canada should not head down.

Third, O’Leary dropped out of the race.

By campaigning with donor money, candidates are held accountable and they are more likely to stick with it to the end (and not drop out due to a fear of losing).

– Jaime

Vol 51 Issue 05

 
 

Tell Us What You Think

Login to submit a comment

Comments appearing on this website are the opinion of the comment writer and do not represent the opinion of the Wellington Advertiser. Comments that attack other individuals or are offensive, unsubstantiated or otherwise inappropriate will be removed. You must register or log in in order to post a comment. For more information, read our detailed Comment Policy and Guidelines.

       

ReliableFord

Spacer

Community Guide Winter 2017

COLUMNISTS

Barrie Hopkins
Barrie Hopkins
Barrie Hopkins
Barrie Hopkins
Bruce Whitestone
Ray Wiseman
Ray Wiseman
Ray Wiseman
Stephen Thorning
Stephen Thorning

Recent Columns

Bits and Pieces

  • Signature bonnet
  • Digital pantomime
  • Connect the dots
  • Generation gap
  • Little things
  • Tylenol kick
  • This Little Piggy
  • Nature's best
  • Canada's Business

  • The decline of civility
  • Irrational exuberance II
  • Speak up
  • An enduring register
  • A government assessment after one year in office
  • Gauge signals
  • Unpatriotic
  • Inevitable
  • Comment from Ottawa

  • The Syria question
  • Reflecting on 2016
  • Open, transparent combat mission?
  • Bad for businesses
  • Have your voice heard on electoral reform
  • Open and transparent?
  • Assisted dying
  • Leadership bid
  • Life-wise

  • Retirement
  • Canadas scarcity of calamity
  • Often we mirror our parents
  • Putting up with put-downs
  • A tale of two landlords
  • A letter from the campsite
  • Two shades of black
  • Precious memories
  • Queen's Park Report

  • Back to work
  • Merry Christmas
  • Remembering them
  • High-cost hydro
  • Six important issues
  • Emancipation Day
  • Great Lakes
  • Happy Canada Day
  • Special to the Advertiser

  • Death of JFK changed the world
  • Split Decision

  • Judged sports in the Olympics
  • Jury selection process changes
  • Changes to the national anthem
  • Political campaign debts
  • Summer Jobs funding
  • Regulation of energy drinks
  • Trudeau’s ethics violation
  • Christmas: home or away?
  • Staying Connected

  • It’s all about staying connected.
  • Stray Casts

  • Final lines: Its been great
  • Thorning Revisited

  • Old photo offers glimpse of development of Elora
  • Pike Lake a summer sanctuary for over a century
  • Fergus council had to mediate 1951 Beatty strike
  • 1951 strike shook Beatty dominance in Fergus
  • Fergus’ Beecher Parkhouse a memorable character
  • Poetry book reflects strong local literary heritage
  • Fires at Mundell factory marked end of an era
  • Employment at factory never reached pre-war levels
  • Valuing Our History

  • Hustonville founded, thrived, vanished in 20 years
  • Lack of railway siding frustrated Fergus’ James Gow
  • Fergus mill made oat flour for Cheerios, other brands
  • Railway passenger service waxed and waned over the 1900s
  • Tanner’s woolen mill in Mount Forest burned twice in a year
  • Elora principal George Edgcumbe ended his career in disgrace
  • Peter Perry a memorable principal of Fergus High School
  • Fire gutted Fergus building owned by Robert Kerr in 1931
  • WriteOut of Her Mind

  • The lab
  • Family Day
  • Hopeless (romantic)
  • Fandom
  • Boy toy
  • Alarm
  • The beacon
  • Whack the mole
  • column width padding column width padding column width padding

    The Wellington Advertiser

    News

    Opinion

    Community

    Deaths

    Digital Publications

    Classifieds


    Twitter Logo

    Free Press News Network Logo