What is a campaign financing disclosure statement?
The purpose of campaign financing disclosure statements are to provide the public with more information as to who is financially supporting candidates, elector organizations and campaign organizers and how much is spent in running for elected office. Candidates, elector organizations and campaign organizers are required to prepare and file with the local government, public statements which outline the campaign contributions they received and election expenses they incurred. The campaign financing disclosure statements must be filed 120 days after general voting day (March 16, 2009). The requirement to file a disclosure statement applies to all candidates and elector organizations, whether or not contributions were received or election expenses were incurred. This is the first civic election where campaign organizers will be required to also file campaign financing disclosure statements. For campaign organizers, the requirement to file is triggered once the organizer files with the Chie