Fundraising Committee Meeting (DOC)

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					                      Fundraising Committee Meeting
               Wajid Kahn Campaign (Mississauga-Streetsville)
Date:           Wednesday, March 14, 2007 – 7:30 p.m.
Location:       QLogitek Office Boardroom
                801-155 Rexdale Blvd, Etobicoke
Present:        Latiq Qureshi, Paul Gallardo, Ronald Flom, Liaquat Mian,
                Stefano Pileggi, Khalid Sagheer, Diane Bubanko
Absent/:        Andre Mak, Todd Ladner, Birinder Ahluwalia, Alan Saldo, Jack Prazeres,
Regrets         Sam Bouji, Sikander Abulkhair, Arif Naqvi, Nazar Hussain

Introductions
Stefano welcomed everyone and each member introduced themselves.

Fundraising Chair and Co-Chairs
Latiq Qureshi agreed to be Fundraising Chair and carry out the responsibilities of raising funds
for the pre-writ (before the election is called) and writ period (36 days of the campaign) with the
support of event co-chairs to be named as events are shaped.

Election Financing Act (Paul Gallardo)
     Campaign spending limits are restricted to $1.00 per voter
        (approx. 81,440 in Mississagua-Streetsville)
     Contributions can only be made by Individuals; NOT Corporations (see schedule A)
        Limit: $1,100 per tax year to riding association OR campaign
     It was noted that the funds raised during the writ period must be deposited into the riding
        association’s account and that the riding association executive will need to motion the
        transfer of funds from the association to the campaign when the writ is announced. Also
        noted is the riding association should be encouraged to help with the fundraising efforts
        during the pre-writ period, specifically the direct mail campaign. And that Charles
        Massey, the riding president should attend the next fundraising committee meeting.

UPDATE SINCE MEETING: see schedule A from Canada Elections on financial contributions

Setting our Target
The Mississauga-Streetsville Conservative Association has a current bank account balance of
approximately $5,000 and is expecting their Canada Elections return any day for approximately
$45,000. Target $150,000:
     Pre-Writ $50,000 (for communications, voter id/outreach and issue research)
     Writ $100,000 (for campaign office, supplies, phone, materials, voter contact, etc.)

Developing our Fundraising Plan
A fundraising plan will be developed by Stefano and Latiq for the next meeting and modified
when necessary to accommodate the short term (Spring election) and long-term (Fall election).
Pending Ministers’ availability, two dates will be set in mid-April for two house events
($500/ticket) and a cocktails with caucus event in mid-May ($100-$200/ticket) and a direct
mailing to list clean, identify supporters, and to solicit volunteers and donations. Committee
members will assist by calling these potential donors using a phone script and by further
identifying friends, family, neighbours and acquaintances to purchase event tickets or donate.
UPDATE SINCE MEETING: Hon. Tony Clement, Minister of Health confirmed April 13/07.



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Expanding our List
Paul and Diane will forward donation lists to Stefano and Diane will compile the data in Excel
with name, contact information and giving history and forward to Khalid and Latiq.

Other Action Items
    Diane will attempt to find out who the Association’s auditor is in preparation of the
       pending Annual General Meeting on March 31, 2007.
    Khalid will invite Charles Massey, the riding president, to the next fundraising committee
       meeting.

Next Meeting
Wednesday, March 21, 2007 at 7:30 p.m.
QLogitek Office Boardroom: 801-155 Rexdale Blvd, Etobicoke
(park your car behind the building; come up back steps/double glass doors between 7:15-7:25PM;
Latiq cell: (416) 562-8416.

Next Meeting Regrets
Diane Bubanko (will send a written report)




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SCHEDULE A

What you should know about political donations and other changes
to the Canada Elections Act

Bill C-2, the new Federal Accountability Act, has made some important changes to
the Canada Elections Act.

Among them are changes to the rules for political contributions – who can make
contributions, how much and to whom. For detailed information on these and other
important changes, visit www.elections.ca and click on General Information >
Backgrounders.

As of January 1, 2007, new rules for political contributions under the
Canada Elections Act come into force:

      You can make a political donation to registered political entities only if you are
       a citizen or permanent resident of Canada.

      You can give no more than $1,100* in each calendar year to each registered
       political party.

      You can give no more than $1,100* in total in any calendar year to the
       various entities of each registered political party (registered associations,
       nomination contestants and candidates).

      You can give no more than $1,100* to each independent candidate for a
       particular election.

      You can give no more than $1,100* in total to the leadership contestants in a
       particular leadership contest.

      You can no longer make a cash contribution of more than $20 to registered
       political entities.

      You cannot make a political contribution with money, property or services
       that were given to you for that purpose.

      Corporations, trade unions, associations and groups can no longer make
       political contributions. However, your employer can give you a paid leave of
       absence during an election period to allow you to be a nomination contestant
       or a candidate without that leave being considered a contribution.

      If you are running as a nomination contestant or a candidate, you can make
       an additional contribution up to $1,000 in total per election from your own
       funds to your own campaign. You can divide this amount between your
       nomination and candidate campaigns as you wish.




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     If you are running as a party leadership contestant, you can make an
      additional contribution of up to $1,000 in total per contest from your own
      funds to your own campaign.

Tax credits

     Income tax credits for monetary contributions are available as follows: 75
      percent of the first $400, 50 percent of the next $350 and 33⅓ percent of an
      amount over $750.

     A registered party can issue tax receipts and authorize its registered
      electoral district associations to issue tax receipts for eligible monetary
      contributions.

     Tax credits are also available for donations to confirmed candidates.

     Tax credits are not available for donations to leadership or nomination
      contestants, or to unregistered parties and their electoral district associations.

Disclosure

     All contributions over $20 must be receipted and reported.

     Contributions totalling more than $200 made to registered parties,
      registered electoral district associations, leadership contestants and
      candidates will be reported to Elections Canada by the recipient and become
      matters of public record. Financial reports include the name and address of
      each contributor who contributes a total of more than $200, the total amount
      received, the amount of each contribution and the date it was received.

     Contributions totalling more than $200 made to nomination contestants will
      be reported and become a matter of public record if the contestant receives
      contributions of $1,000 or more, or incurs expenses of $1,000 or more.
      Financial reports include the name and address of each contributor, the total
      amount, the amount of each contribution and the date it was received.

     These reports are made available to the public on the Elections Canada Web
      site at www.elections.ca.

     It is an offence to try to avoid the rules for ineligible contributors or for
      contribution limits, or to try to conceal a contributor’s identity. Check the
      Elections Canada Web site for details of this and other offences relating to
      contributions.

New rules about gifts to candidates

     Candidates cannot accept any gift that might influence them as eventual
      members of Parliament.

     This rule applies from the day you become a candidate until the day you
      withdraw or become a member of Parliament, or until election day (if you are
      not elected).


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      You become a candidate on the day you are selected in a nomination contest,
       or on the day when the writ is issued for the election, whichever comes first.

      Candidates may accept a gift from a relative or as a normal expression of
       courtesy or protocol.

      Contributions or transfers made in accordance with the Canada Elections Act
       are not considered gifts.

      However, you must send the Chief Electoral Officer a statement with the
       name and address of every person or organization from whom you receive a
       gift worth more than $500 while you are a candidate. You must also report
       the nature of the gift and the circumstances under which it was given. This
       statement is confidential, but may be examined by the authorities that
       prosecute offences under the Canada Elections Act.

New rules for transfers within a party

      Registered parties and registered electoral district associations can no longer
       transfer trust funds to candidates of the party.

This flyer summarizes the rules for making political contributions and is not a
complete outline of all the related provisions in the Canada Elections Act. This flyer is
not law and is not intended to give legal advice. It is published only to help you
understand the Canada Elections Act. To be sure about the law, always refer to the
Canada Elections Act itself.




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