Thank you for that question. This is something I love to talk about.
You're absolutely correct. In the Electoral Integrity Project, one of the things we do is monitor cross-nationally the integrity of different stages of the electoral cycle, and Canada frequently comes out right on top in terms of campaign finance, because we have very strict donation caps. We have very strict limits as to how much you can spend. Many of my colleagues are very surprised at how much you would spend on one of your campaigns, so this is something we really have to safeguard.
The challenge with third parties is essentially that we see in other countries that third parties are being used as a means to circumvent those election financing rules. You end up with interest groups, corporations, unions and even wealthy individuals who end up taking over that deliberative space in elections. It hasn't happened yet in Canada, but we've seen it happen in other countries, including with our neighbours to the south.
What we have to do, then, is limit the ability of certain rich interests or certain specific groups that have a lot of money to overtake that campaign, while also not limiting the ability of citizens to come together as groups to engage in deliberation. We want to encourage that. How do we do that? Essentially, as you said, we can look to our campaign regulations for parties and candidates as a guide, because it does seem to strike the right balance in terms of not limiting expression and also recognizing the important role that parties, candidates and even third party groups can have in this moment of deliberation. We want to have vigorous deliberation. We don't want to reduce it and tell people that nobody can be using money to talk about these sorts of issues.
I think a lot of the measures that were in the previous Bill C-65 were good starts there—spending based on individual donations from domestic actors only, to limit the influence of foreign actors, and transparency in reporting, which at the moment does exist, so that you can go in and take a look. There hasn't been quite as much study of transparent reporting, which is something I hope to do.
The challenge, of course, with all of this is that many individuals or organizations, especially if they are not based in Canada, are not going to follow the official channels. That's where things get a little more tricky, because we know that those sorts of issues are very hard to legislate. It's very hard to find rules and laws that the sorts of actors who are not following the official channels and who may not be within Canada are going to follow. For that, I'm afraid I don't have super easy solutions that involve legislation. Rather, we need to look at more broad-based foreign policy and also domestic policy on how we educate people.
I would say, though, that some of the discussion that happened last fall about third parties and recognizing their role is perhaps a conversation that should resume.