The Abolitionist Party was founded by perennial candidate John C. Turmel on the platform of monetary reform including the abolition of interest rates as well as abolishing income tax, the use of LETS banking, and introducing a form of social credit with monthly dividends being paid out to each Canadian. Unlike many social credit parties, the Abolitionists were not social conservatives advocating, for instance, the legalization of marijuana and gambling.
The party ran a number of candidates in the 1993 Canadian election but has since reverted to being a one person party, that person being John C. Turmel.
