Let's Hope They Can't Go Any Lower...
This is not only disgusting, it is plainly anti-democratic.
I am speechless.
So, bearing in mind that the Conservatives are a minority government, they might submit this project as a confidence vote. If it's accepted by the other elected parties, they, among with all the minor parties that get votes but no seats, will lose substential funding. The Conservatives would lose the most siginificant amount of money, but it represents less than 40% of their funding. Other parties are counting on this method to a bigger degree. For exeample, the Liberals accounts are funded at 63% by this methof.
If they refuse, we're going back in elections, again. And, apart from the Conservatives in power, almost no party has any money to go back to the popular vote for a fifth time since 2000. Furthermore, the Liberal party is looking for a new leader.
The federal funding to political parties is a program that was established by Jean Chrétien in 2004, copying Québec's own program, created by the late René Lévesque. It consists of $1.95 per year per vote to a political formation. Chrétien's program, opposed by the Conservatives' predecessors, the Reform party, also limited corporate and personal donations by imposing a cap. Ironically, the Conservatives adapted by establishing a strong network of small private donations, while the Liberals, counting on large donations from corporate sponsors, had a hard time adapting to their own program.
Let's just say the timing sucks big time, and the conservatives are laughing their asses off.
Not the population though...
EDIT: There's a possibility that a confidence vote defeated by the opposition could put a Liberal-NDP coalition government in power. But this is still a premature supposition.