Parties’ financial returns show Tories topped Liberals in 2018 fundraising
Newly released figures show the federal Conservatives entered this election year having outpaced the Liberals in fundraising by more than $8.3 million in 2018.
The Conservatives raised about $24.2 million from 104,000 donors in 2018, more than the $15.9 million the Liberals raised from 66,000 people.
The Greens raised $3.1 million last year.
Parties are required to provide their annual returns to Elections Canada by the end of June unless they receive an extension, as the New Democrats did this year.
The figures provide a window on the financial health of the parties as they ramped up fundraising efforts ahead of this fall’s federal election, when donations tend to jump as supporters rush to fill campaign war chests.
A Liberal party spokesman said the second half of 2018 saw the party’s best-ever fundraising for the final six months of a non-election year. He said the Liberals were “the only major party to see consistent growth from one quarter to the next throughout the year.”
Parker Lund said the governing party also had a large haul this past June.
He also took aim at the amount the Conservatives spent to raise money, which the Tory documents list as being almost $8.5 million in 2018, up from the almost $7.2 million the party spent in 2017.
The Liberals spent almost $3.4 million to raise money in 2018, up from almost $2.8 million in 2017, which Lund said shows “far more value” for donations.
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