[1][2] The party ran on a platform of monetary reform, including the abolition of interest rates and the income tax; the use of the local employment trading system of banking; and introducing a form of Social Credit with monthly dividends being paid out to each Canadian.
Turmel attempted to run for the leadership of the national Social Credit party after the resignation of Fabien Roy in 1981, but the party chose to appoint Martin Hattersley instead.
The Abolitionist Party nominated 80 candidates in the 1993 federal election, who collected only 9,141 votes between them.
(See also: Abolitionist Party candidates, 1993 Canadian federal election.)
The Abolitionist Party subsequently reverted to being a personal vehicle for Turmel.