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Conservative leadership race officially kicks off Monday now that the rules are set

THE CANADIAN PRESS/Nathan Denette.

The race for the next leader of the federal Conservatives will officially begin on Monday.

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The party has now set and released the rules for the contest, which include a non-refundable $200,000 entry fee.

Leadership hopefuls will also need the signatures of 3,000 party members on their nomination forms.

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Candidates must enter the contest by February 27 and will have until March 25 to meet the requirements in order to be fully approved.

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The leadership campaign began unofficially in mid-December when current leader Andrew Scheer announced he’d resign as soon as his replacement was chosen.

Party members will elect their new leader on June 27 at a convention in Toronto.

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