The Conservative Party of Canada raised the most money of any federal party in 2021, raising $26.4 million in donations in a tumultuous year that ended with an election defeat and speculation about the end of Erin O’Toole’s leadership.
Audited financial statements filed with Elections Canada show that’s nearly $6 million more than the party raised in 2020, and the number of people giving money to the Tories – 95,000 – rose year-on-year about 5,000.
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Justin Trudeau’s Liberals raised $18.1 million from 75,800 donors, about $3 million more than in 2020.
Both parties also took out large loans in 2021, with the Liberals borrowing $30 million from six lenders and the Conservatives a $29 million loan that was repaid in full in early 2022.
The Bloc Quebecois raised about half a million more in 2021, with 11,300 donors giving a total of $2 million.
The annual declarations of the NDP and the Greens are not yet publicly available.
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The audited financial statements cover the year ended 31 December 2021 and include the 36 day election campaign convened by the ruling Liberals in mid-August and ended 20 September 2021. Spending during an election year is usually higher than in other years.
The parties stepped up their publicity, with the bloc paying out $1.5 million, the conservatives $8.8 million and the liberals $15.41 million.
For comparison, both the Liberals and the Tories spent about $500,000 on advertising the year before.
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Speculation began in the summer that Trudeau might call a snap general election, a move many observers say was an attempt to win a majority.
While that didn’t happen, the Liberals clung to a minority government and have since struck a deal with the NDP that would see them continue to govern until 2025. This means that the parties do not have to be ready to vote for several years.
Shortly after the votes were counted, speculation began about O’Toole’s future as leader of the official opposition. He was ousted from the caucus in February 2022.
© 2022 The Canadian Press
https://globalnews.ca/news/8966765/conservatives-liberals-2021-donations/ Canadians Donate $26.4M to Conservatives, $18.1M to Liberals in 2021: Audit – National