Canada Elections Act
Marginal note:Adjustment for inflation
405.1 (1) The inflation adjustment factor applicable to the limits established under subsection 405(1), in effect for a period of one year beginning on each April 1, is a fraction with
(a) a numerator that is the annual average Consumer Price Index, as published by Statistics Canada under the authority of the Statistics Act, for the calendar year immediately before that date, calculated on the basis of 1992 being equal to 100; and
(b) a denominator that is 119.0, which is the annual average Consumer Price Index, as published by Statistics Canada under the authority of the Statistics Act, for 2002, calculated on the basis of 1992 being equal to 100.
Marginal note:Adjustment
(2) The amounts set out in subsection 405(1) shall be multiplied by the inflation adjustment factor referred to in subsection (1) for any given year and the resulting amounts apply
(a) in the cases referred to in paragraphs 405(1)(a) and (a.1), during the calendar year that commences in that year;
(b) in the case referred to in paragraph 405(1)(b), with respect to an election whose writ is issued during that year; and
(c) in the case referred to in paragraph 405(1)(c), with respect to a leadership contest that begins during that year.
The resulting amounts shall be rounded to the nearest hundred dollars.
Marginal note:Publication
(3) Before each April 1, the Chief Electoral Officer shall cause to be published in the Canada Gazette the amounts applicable from that date.
- 2003, c. 19, s. 25
- 2006, c. 9, s. 47
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