Saturday, May 03, 2008

On double-dipping

Following up on this morning's post, let's note that if the Cons did indeed "double-dip" to try to claim both national-level and riding-level rebates for the same polling expenses, expense reports filed with Elections Canada suggest that the Cons would have inflated the riding-level numbers beyond the actual cost of the national polling in the process.

The Winnipeg Free Press identified transfers from candidates' campaigns to the national party totalling $854,000 under the heading of "election surveys or other surveys or research", while the Cons' party return lists only $697,105.00 in expenses under the same category. Which means that if the dollar values refer to the same material, then the Cons would have received rebates totalling $860,952.50 for their initial expenditure: $348,552.50 at the national level, and $512,400 at the riding level. Or in the terms discussed in this morning's post, the Cons would have claimed and received $1.24 in rebates for every dollar spent on surveys and research.

Of course, that kind of return on investment seldom materializes without some significant risk. And it remains to be seen what the Cons' electoral manipulations may wind up costing them.

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