The Chief Electoral Officer publishes the highlights of the financial reports of provincial political parties for 2010

June 14, 2011

Québec, June 14, 2011 –– Jacques Drouin, Chief Electoral Officer of Québec, is today publishing the highlights of the financial reports of the 16 political parties of Québec for the fiscal year that ended on December 31, 2010. In accordance with the provisions of the Election Act, the deadline for filing financial reports for 2010 for political parties was April 30, 2011. To learn more about the financial reports, anyone interested can consult the document "Statistiques sur les rapports financiers des partis politiques," which is available on the website of the Chief Electoral Officer at www.electionsquebec.qc.ca.

A Few Highlight concerning popular financing

A review of the 2010 financial reports of Québec political parties, reveals the following highlights:

  • Overall, the revenues of the main political parties in Québec dropped almost 24% compared to 2009, going from $16,909,846 to $12,870,422.
  • This decline in revenues is largely explained by the drop in contributions by electors, who donated $2.6M less to political parties, a drop of 23.2%.
  • 45,839 voters made donations to parties in 2009, compared to 42,655 in 2010, a reduction of 7% in the number of contributors. The average contribution which was $252 in 2009, slipped to $208 last year.
  • 14,622 contributors gave more than $200 in 2009, this number declined to 12,916 in 2010, a decline of 11.7%. In 2009, contributions of more than $200 represented 81% of all money collected via contributions to the political parties. This proportion stayed approximately the same in 2010, at 78%. However, the value of these contributions in excess of $200 has dropped from about $9.3M to $6.9M, a decline of almost 26%.
  • The number of electors who made contributions of $200 or less stayed relatively stable in 2010, recording a small decline of 4.7%.

 

Remember that since January 1, 2011, the maximum permitted contribution to a political party dropped from $3,000 to $1,000 a year. The impact of this reduction on party revenues should be more noticeable in the financial reports of political entities for the current year, which will have to be produced in April 2012. Also, the distinction between contributions of more than $200 and less than $200 will disappear, given that it only arose due to the fact that the identity of electors who contributed more than $200 were made public. Since May 1, 2011, the Election Act makes the identity of all people who make a political contribution public. This information will soon be available on the website of the Chief Electoral Officer of Québec.

 

 

General Information

In 2010, the number of authorized parties remained at 16, the Chief Electoral Officer (DGEQ) authorized, in July, the Parti de la réforme financière, to change its name and become the parti Nouvelle Alliance Québec-Canada. On December 31, 2010, the following political parties were authorized:

  • Action démocratique du Québec
  • Affiliation Québec
  • Bloc pot
  • Mouvement équité au Québec
  • Nouvelle Alliance Québec-Canada
  • Parti communiste du Québec
  • Parti conservateur du Québec
  • Parti démocratie chrétienne du Québec
  • Parti égalité / Equality Party
  • Parti indépendantiste
  • Parti libéral du Québec / Quebec Liberal Party
  • Parti marxiste-léniniste du Québec
  • Parti nul
  • Parti québécois
  • Parti vert du Québec / Green Party of Québec
  • Québec solidaire

 

In all, 541 financial reports were expected for the 2010 fiscal year. Financial reports were filed by 539 authorized entities, namely:

  • 14 out of 16 political parties;
  • 521 party authorities (the organizations of the parties in the electoral divisions, the regions, or province-wide);
  • two authorized independent MNAs;
  • two authorized independent candidates.  

 

In 2010, political parties and their authorities, as well as authorized independent members and candidates, had total revenues of $12,870,422 and expenses that totalled $11,943,585. The four parties represented in the National Assembly shared 98.6% of the revenues and 98.7% of the expenses.

Popular Financing and State Participation

One of the foundations of the system of political party financing is that only electors can make contributions. This does not rule out State participation, especially in the form of payments based on the number of votes received by each of the parties at the last general election. Here is an overview of the public participation:

  • contributions by electors totalled $8,866,996;
  • in this respect, 29,739 electors made contributions of $200 or less to the various authorized entities;
  • in all, 12,916 electors made contributions in excess of $200, accounting for 78% of all the money collected in contributions;
  • the average of all contributions was $208, as compared to $252 in 2009;
  • as for anonymous donations, they stood at $6,939, representing just 0.08% of all contributions.

 

To these sums must be added the financial participation of the State estimated at $8,122,207, of which $3,217,207 comes from the following amounts stipulated in the Election Act administered by the Chief Electoral Officer:

 

 

Amount paid to authorized political parties

$

ACTION DÉMOCRATIQUE DU QUÉBEC

489,176

PARTI LIBÉRAL DU QUÉBEC /

QUEBEC LIBERAL PARTY

 1,257,605

PARTI QUÉBÉCOIS

1,051,114

QUÉBEC SOLIDAIRE

112,884

OTHER PARTIES

69,655

Allowance

2,980,434

Auditing costs reimbursed to parties

                  49,675

Reimbursement of election expenses

                187,098

Total

             3,217,207

These amounts do not include tax credits granted by Revenu Québec for provincial political contributions. These credits can be estimated at about $4,905,000 based on the average credit paid from 1998 to 2001, the last four years during which this statistic was available.

Revenues and Expenses

The financial reports of the four political parties represented in the National Assembly as well as those of their authorities show the following total revenues:

Action démocratique du Québec                                                  :               $738,999

Parti libéral du Québec / Quebec Liberal Party                          :            $6,548,813

Parti québécois                                                                              :            $4,835,451

Québec solidaire                                                                            :                $570,916

As for the expenses of these four political parties, the financial reports contain the following figures for 2010:

 

Action démocratique du Québec                                                  :                $675,478

Parti libéral du Québec / Quebec Liberal Party                          :            $6,634,761

Parti québécois                                                                              :             $3,988,504

Québec solidaire                                                                            :                 $494,842

 

The fiscal year that ended on December 31, 2010 saw a surplus of revenue over expenses for nine of the 14 political parties authorized on December 31, 2010 having filed a financial report. For all of the authorized entities, the surplus of revenues over expenses totalled $926,837 by taking into account the non-audited results of the party authorities, independent members, and authorized independent candidates.

Here are the results for the four parties represented in the National Assembly and their authorities:

 

Name of political party

2010
 Surplus
(shortfall)

$

2009
Surplus
(shortfall)

$

ACTION DÉMOCRATIQUE DU QUÉBEC

63,521

(208,904)

PARTI LIBÉRAL DU QUÉBEC /

QUEBEC LIBERAL PARTY

(85,948)

3,006,936

PARTI QUÉBÉCOIS

846,947

942,775

QUÉBEC SOLIDAIRE

76,074

12,944

TOTAL

900,594

3,753,751

 
Cash Flows (Changes in Cash Position)

 

On December 31, 2009, the cash assets (cash on hand) of the 15 authorized political parties having filed a financial report, including the cash assets of their respective authorities, reached $3,208,537. On December 31, 2010, for the 14 parties having filed a financial report, these cash assets totalled $4,628,730. In this respect, here is the situation of the four parties represented in the National Assembly and their authorities:

 

Name of the political party

2010
$

2009
$

Variation
%

ACTION DÉMOCRATIQUE DU QUÉBEC

 

114,829

154,309

 

- 26 %

PARTI LIBÉRAL DU QUÉBEC /
QUEBEC LIBERAL PARTY

 

2,490,493

1,908,002

 

31 %

PARTI QUÉBÉCOIS

1,627,393  

912,831

78 %

QUÉBEC SOLIDAIRE

383,167

218,129

76 %

TOTAL

4,615,882

   3,193,271

45 %

 

Balance Sheet

On December 31, 2008, the total net assets (net worth) of the four political parties represented in the National Assembly, together with that of their authorities, were as follows:

Name of the political party

Net assets of the party

$

Net assets of the authorities
 $

Total net assets

$

ACTION DÉMOCRATIQUE DU QUÉBEC

(581,528)

(129,175)

(710,703)

PARTI LIBÉRAL DU QUÉBEC /
QUEBEC LIBERAL PARTY

3,874,816

2,106,803

5,981,619

PARTI QUÉBÉCOIS

854,918

1,140,315

1,995,233

QUÉBEC SOLIDAIRE

(147,730)

292,649

144,919

 

In two weeks’ time, the Chief Electoral Officer will make available a complete document containing the financial reports of the political parties, information on the financial results of the authorities, as well as the lists of electors whose total contributions exceeded $200. Meanwhile, starting today, anyone who is interested may consult the website of the Chief Electoral Officer at www.electionsquebec.qc.ca. On the site visitors will find the financial reports as filed by the political parties, as well as the document containing the financial highlights and various statistics.

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Category : Financial reports