Canaccord fired him on August 15, 2019, for not disclosing a potential conflict of interest. Callaway is no longer an IIROC Registrant.
In a 2019 CBC article, it was reported that Callaway was fined $70,000 for irregular campaign contributions during the 2017 campaign. The fine included a $15,000 fine for colluding with Calgary businessman Robin Lore to “disrupt a contribution limit,” according to details published on the provincial election commissioner’s website.
Callaway ran a so-called “kamikaze” campaign on behalf of Jason Kenney, who now heads to Alberta. Callaway raced for the sole purpose of targeting Kenny’s main rival, forming Wildrose leader Brian Jean, before dropping out of the race to support Kenny.
Kenny won the UCP leadership after the merger of the Alberta Progressive Conservative and Wildrose parties.