If anything, this has encouraged a more 'grassroots' approach to fundraising, as it's more the number of people you can engage, rather than a particular (wealthy) demographic.
Of course, a party with 50% of the vote will still get 50% of the money, which does favour incumbents.
> For each registered federal political party that received at least 2% of all valid votes the last general election or at least 5% of the valid votes in the electoral districts in which it had a candidate, the per-vote subsidy, also referred to as the "government allowance", gives the party an inflation-indexed subsidy each year of $2.04 per vote received in the last election.
Now, Wikipedia can be inaccurate, I know, but major changes like this do tend to get documented, and major pages like this tend to have a lot of people watching it, so I'm reasonably confident in this content.
If you have a citation which refutes this, however, please do share because I'd hate to walk around believing false facts.
[1] https://en.wikipedia.org/wiki/Federal_political_financing_in...
It has been eliminated after the next election
It seems to be a fair bit worse than you've stated, actually. One of the citations in that section leads to a Globe and Mail article[1] which states that the subsidy will be phased out over the next few years:
> The government said it will introduce legislation to gradually reduce the allowance of $2 a year per vote by increments of 51 cents starting on April 1 of next year until it is eliminated by 2015-16.
I'm assuming that means that the subsidy won't appear at all in the 2015-2016 budget, which means that it will actually be gone by the time the next election rolls around in October 2015. Hopefully the NDP will be able to get enough seats to bring it back after the election, preferably alone but possibly with the Liberals.
Incidentally, I was surprised to find that the subsidy has only existed since the beginning of 2004. I suppose that has a lot to do with my age, since I wasn't quite 19 then, and anything that happens before the first time you vote tends to be regarded as "the way it's always been."
Thanks for the clarification.
[1] https://www.theglobeandmail.com/news/politics/budget/news/pa...