By rdnewsNOW staff

Effective Jan. 1, 2024

Elections Alberta releases updated contribution and expense limits

Jan 25, 2024 | 2:48 PM

Elections Alberta has released updated contribution and expense limits as it pertains to provincial elections.

Following a Provincial General Election, officials say Elections Alberta is responsible for adjusting contribution and expense limits in accordance with the consumer price index (CPI) published by Statistics Canada. Adjustments take effect on January 1st of the year following a general election.

According to officials, the last adjustment to contribution and expense limits took place on January 1, 2020. Officials say the adjustment is calculated based on the percent increase, if any, of the consumer price index for the period beginning the effective date of the prior adjustment (January 1, 2020) and ending on December 31st of the year the general election was held (December 31, 2023).

Elections Alberta says the CPI percent increase during this timeframe was 14.44 per cent. Once adjusted, limits and expenses are rounded up to the nearest hundred dollars.

The following contribution limits are effective January 1, 2024:

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Officials say The Election Finances and Contributions Disclosure Act outlines the timeframes in which political participants can accept contributions and who is eligible to make contributions.

For more details on requirements, limitations, and limits on claiming tax credits visit https://www.elections.ab.ca/finance/contributions/.

The following expense limits are effective January 1, 2024:

The Election Finances and Contributions Disclosure Act outlines the period which expense limit applies to.

For more details on expense limits visit: https://www.elections.ab.ca/finance/expense-limits/.

Elections Alberta is an independent, non-partisan office of the Legislative Assembly of Alberta responsible for administering provincial elections, by-elections, and referenda.

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