Financial Period - Senatorial
Elections Alberta is responsible for administration of events conducted under the Senatorial Selection Act. Senate Nominee Elections may be held in conjunction with municipal or provincial elections, or may be held as stand-alone events. Names of the Senate Nominees, once elected under the Senatorial Selection Act, are submitted by the Government of Alberta to the Queen’s Privy Council for Canada “as persons who may be summoned to the Senate of Canada for the purpose of filling vacancies relating to Alberta”.

Definitions:

Original - this refers to a scanned version of the original financial statement in the prescribed format as it was submitted by the registered candidate, the registered constituency association or the registered party. It may include a statement of assets and liabilities, a summary of revenue, a summary of expenditures and a list of contributors having contributed an aggregate amount exceeding $375. An annual audited financial statement will also be included with the annual financial return of a registered party.

Reconciled - this refers to a keyed-in version of the original financial statement, that may also include detailed information from the official tax receipts and any adjustments deemed necessary through the data entry and initial review process completed by Elections Alberta.

Final - this refers to financial statements that have undergone a final review and adjustment by Elections Alberta and are considered accepted and closed.

Differences may appear in the amounts displayed for corresponding line items on the original, reconciled and final financial statements. These differences occur for a number of reasons relating to the interpretation and display of revenue and expenditures and are discussed between Elections Alberta and the political entity involved. Accurate presentation of all line item amounts will appear on the final financial statement after all reporting issues have been resolved.