The per vote subsidy was garbage. Please explain to me why past election results should affect the funding for the current election?

The funding model provides an unfair advantage to the incumbent government and disadvantages any new party that did not previously participate in the previous election (Pure Chretien).

The current model of providing a decreasing tax credit for personal contributions levels the playing field for the middle class donors.  The rich will donate the maximum regardless.  The tax credit makes donating more attractive to people who don't donate the maximum and instead make small contributions (say $10-20 per month) based on what they can afford.

If you want to get rid of personal donations entirely because your party's supporters don't donate then lets discuss that but the per vote subsidy is a very poor funding model to use as a replacement.