Canada
In Canada, a candidate for Member of Parliament must place a $1,000 deposit. Formerly, failure to reach a set percentage of the vote, either 10% or 15% depending on the era, led to the loss of the deposit.
At present, all candidates receive their deposit back if they turn in their properly completed financial paperwork on time, and a portion of election expenses are reimbursed if 10% is reached. Nevertheless, the phrases "lose one's deposit" and "get one's deposit back" are still commonly heard in political circles.
Read more about this topic: Deposit (politics)
Famous quotes containing the word canada:
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