Skip to main content

In 2014, the federal Liberals raked in $15.8 million and the NDP $9.5 million, according to quarterly financial reports filed with Elections Canada.

CP Video

Both the federal Liberals and New Democrats posted their best fundraising results in a decade last year — significantly eroding the Conservatives' cash advantage just as an election is looming.

Still, the governing party raised $20.1 million last year, its third-best result in 10 years and considerably more than either of the opposition parties.

The Liberals raked in $15.8 million and the NDP $9.5 million, according to quarterly financial reports filed with Elections Canada.

Story continues below advertisement

The Conservatives have ruled the federal fundraising roost since 2004, when individual donations were capped at $5,000 a year and union and corporate donations were severely restricted.

The Tories tightened the screws further in 2007, capping individual donations at $1,000 (indexed to inflation) and banning corporate and union donations outright.

The Conservatives, least reliant on wealthy individuals, corporations and unions, were able for years to routinely pull in more donations than the two opposition parties combined.

But both the Liberals and NDP have made concerted efforts over the last few years to finally adapt to the new regime, becoming more proficient at raising small amounts of money from many donors.

The Liberals have made huge strides since Justin Trudeau took the helm almost two years ago. Their fundraising haul last year was up 40 per cent over 2013.

The NDP's take was up 15 per cent over 2013 while the Conservatives were up 11 per cent.

The 2014 numbers, based on adding up the results of each quarter, could be adjusted somewhat when the parties file their annual financial reports in a few months.

Story continues below advertisement

Although the opposition parties are steadily closing the gap with the governing party, Conservative spokesman Cory Hann noted that the 2013 Tory take was its best result in a decade for a non-election year.

Moreover, Hann said the party's fourth-quarter haul of $6.6 million was its best ever in the decade, election year or not.

"This is a record non-election year and best fourth quarter for us in a decade," Hann said. "Canadians know the tough job of being prime minister requires a strong, serious leader and our fundraising results show that Stephen Harper is that leader."

All three parties are in a fundraising frenzy as they prepare for an election within nine months.

Report an error
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

Cannabis pro newsletter