Mining magnate Munk admits to donating more than legal limit to Conservatives

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OTTAWA — Mining magnate and philanthropist Peter Munk has admitted he donated more than the legal limit to the Conservative party three different times.

Munk, the founder of mining giant Barrick Gold Corp., signed a compliance agreement with Elections Canada earlier this month, acknowledging that in 2008, 2010 and 2012 his donations exceeded the maximum allowable contributions.

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