24. Is there a ban on political parties taking loans in relation to election campaigns?

373 (1) Except as permitted under this section, no person or entity shall (a) make a loan to a registered party or a registered association; (b) make a loan to a nomination contestant, a candidate or a leadership contestant in relation to the contestant’s or candidate’s campaign; or (c) guarantee a loan referred to in paragraph (a) or (b).

(3)Exception — Financial institutions

(4) Exception — individuals