Canadian Jewish Political Affairs Committee
CFO

CFO

A candidate’s campaign appoints a Chief Financial Officer (CFO) to diligently record all financial information and ensure compliance with the Election Finances Act. A CFO typically is someone well versed in accounting and bookkeeping. Among many obligations, a CFO is responsible to guarantee all accepted campaign donations are eligible, manage the campaign budget, issue tax receipts and maintain financial records for a minimum of six years post campaign in case of audit by the Canadian Revenue Agency.