• Most Popular
  • Most Shared

Canada govt says no vote on financing move Monday

Fri Nov 28, 2008 11:15am EST

OTTAWA, Nov 27 (Reuters) - A contentious move by the Canadian government to eliminate direct public financing of political parties will not be voted on on Monday, a senior official said on Friday.

Bonds  |  Global Markets

Opposition parties are threatening to vote against the proposal and bring down the minority Conservative government. The measure was unveiled as part of the government's fiscal update on Thursday.

Officials initially said the measure would be part of a confidence motion which will be voted on on Monday.

But a spokesman for Prime Minister Stephen Harper told Reuters that the financing proposal would be contained in a separate piece of legislation.

That legislation will be introduced into Parliament on Monday but no date for a vote had been set.

Monday's confidence vote will go ahead as planned and the government could be defeated if all three opposition parties unite against it. (Reporting by Randall Palmer, writing by David Ljunggren; Editing by Frank McGurty)



More from Reuters

Photo

Plot exposes fissure in U.S. intelligence community

WASHINGTON (Reuters) - Last week's failed plot to bomb a U.S. passenger jet has exposed lingering fissures within the U.S. intelligence community, which had information from interviews and clandestine intercepts but did not put the pieces together, officials said.

Traders work in the pits at the The New York Mercantile Exchange, November 7, 2007. REUTERS/Brendan McDermid

Calling the market

A spectacular credit bust, two devastating stock market crashes ... the smart call this decade was to play it safe.  Full Article 

People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article