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HarperPAC, a conservative third-party group, has announced it is shutting down operations less than a week after its launch.

It's been a heck of a week! Here's an update on HarperPAC. http://t.co/V0GgxiHmVZ —

Stephen Taylor (@stephen_taylor) June 26, 2015

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HarperPAC was formed by a team of Conservatives including several former political staffers. Its efforts included a radio ad that targeted Liberal Leader Justin Trudeau.

In an statement delivered on Twitter, spokesperson Stephen Taylor said recent debate about the group brought the issue of third-party advertising out of the shadows.

Taylor said HarperPAC was formed to respond to left-leaning, union-funded organizations such as Engage Canada. That group was launched earlier this month by former NDP and Liberal strategists.

Taylor said HarperPAC will return all donations to contributors.

Third-party groups can accept money in the pre-writ period without having to disclose dollar figures or where donations come from.