The Canadian Action Party (CAP) (French: Parti action canadienne, PAC) was a Canadian federalpolitical party founded in 1997 and deregistered on 31 March 2017.[1]
After the 1997 election, it absorbed the Canada Party, another minor party concerned about monetary reform which had been formed by former members of the Social Credit Party of Canada. Former Canada Party leader Claire Foss served as vice president of CAP until November 2003.
Hellyer resigned as CAP leader in 2003 after the New Democratic Party (NDP) didn't agree to a merger proposal, under which the NDP would change its name. In 2004, Connie Fogal, an activist lawyer, was acclaimed party leader after David Orchard failed to respond to an invitation to take over the leadership. Fogal stepped down in 2008 and was succeeded by Andrew J. Moulden following the 2008 federal election.
The acting chief electoral officer of Canada advised the party leader that the party would be deregistered effective Friday, March 31, 2017, for not having at least 250 members who are eligible voters.[2]
Positions
A number of CAP members also belonged to the Committee on Monetary and Economic Reform and had been influential in developing CAP's monetary policy, particularly its position that the Bank of Canada, rather than chartered banks, should provide loans to the government, if required, to fund public spending.
