Unlike the U.S., where the wellspring of cash flooding federal elections is reaching a new level of absurdity (try $5 billion), Canada has kept federal political campaigns relatively grounded by placing an outright ban on corporate donations during elections.
Yet the influence publicly-traded corporations exercise in Canada – through lobbying, political contributions during provincial elections, think tank support, advertising and advocacy campaigns – remains hugely significant, according to a discussion paper recently released by the Shareholder Association for Research and Education (SHARE), an organization that provides investment services and research to institutional investors.
“Concern (Read more…)