Posted on Friday 03 September 2021
Election season comes with a high price tag. From sponsorships to campaign trails, there is no shortage of costs to prime minister candidates. But the federal government has their own costs to consider, too. Which no cash loans can solve, unfortunately.
The government needs to set up election sites, voting booths, print mail-in ballots, and make sure that there’s enough advertising to direct citizens to polling places. Beyond that, they’ll also need to make sure that all the voting sites are properly staffed and stocked with supplies and voting booths. Proper staffing is essential at a lender to to ensure quality service. Especially when you come in for installment loans.
From election sites to election attendants, there are plenty of costs that fall upon the federal government. This year, Canada is set to make history with its most expensive election season yet. Way more than the amount of payday loans in Mississauga applications in the same year.
In 2019, federal election costs came in around $502 million. In 2021, however, estimated costs will rise to $608 million, an increase of more than $100 million. That means that when you vote on September 20th, you’ll be participating in the most expensive election in Canadian history!
If you’re interested in learning more about where your tax dollars are going this year, keep reading: we’ll tell you everything you need to know about the costs of the 2021 Canadian elections. Some people say these guys are over spending but we'll leave that to your judgement.
If you’re like most Canadians, you probably haven’t spent much time researching how much a general election typically costs. (Don’t worry, we’re right there with you!) The good news is that this information is easy to find: it’s publicly available online and accessible free of charge.
Elections Canada publishes updates on election costs from one year to the next. To understand how money will get spent for the 2021 election, let’s take a look at the overall costs of the 2019 election cycle. Here’s the breakdown according to Elections Canada:
Why would political parties and candidates get reimbursed? Well, not everyone is eligible for reimbursement, so this part can get a little tricky. Candidates can only get reimbursed if they are elected, or if they get a minimum of 10 percent of votes. Registered parties, however, only need to get 2 percent of national votes (or 5 percent of votes for endorsed candidates in electoral districts).
Once you factor in variables like changing availability of voting space / how many election workers are needed, there’s certainly a lot of margin for costs to rise and fall within any given election cycle. After all they must convince all people to vote for them. Including people getting ODSP payday loan..
The biggest factor in rising costs for 2021 is – not surprisingly – the Covid-19 pandemic. As a result of the pandemic, the federal government needs to follow safety measures to ensure that people are kept safe and healthy while voting. That means having things like:
While it won’t be mandatory for polling workers to be vaccinated, there will be plenty of additional measures taken to ensure that Canadians feel safe and secure voting in-person. As mentioned in the list above, this includes personal protective equipment, plexiglass barriers, and social distancing.
But there’s another cost to consider that is uniquely higher this year: mail-in ballots. In total, the 2021 election is projected to utilize anywhere between 2 to 3 million mail-in ballots. Compared to only 50,000 mail-in ballots during the 2019 voting season, that’s a huge increase!
The Canadian government will not only need to print and distribute millions of ballots, but they’ll also need to make sure they have the workforce on hand to count and record each vote. It could take days for all votes to be counted (even with thousands of workers), and that payroll can certainly take a toll on the overall election budget. Plus re-evaluating policies also cost time which equates to money. Whether they are discussing new car insurance laws or anything else.
With a fourth wave of Covid-19 spreading across Canada, there’s a good deal of skepticism over whether now is really the right time to hold an election. But with the 43rd Parliament officially dissolved, Prime Minister Justin Trudeau is calling for an earlier election in the hopes of gathering a Liberal Party majority to help rebuild the country after the pandemic.
It’s a bold move, but one that could pay off huge for the Liberal Party. Having majority rule in Parliament will make it much easier to pass party-led bills, particularly bills that are designed to support post-pandemic growth and restructuring.
But this election is going to be a closely contested one. According to analyst Eric Grenier, at the time of writing, the Conservatives had a 33.8 percent chance of winning the majority of seats, while the Liberals were at a 31.2 percent chance.
With two major parties neck-in-neck, the 2021 elections are gearing up to be not only the most expensive we’ve seen yet, but they’ll also be anything but boring!