Liberal donations up, but Conservatives still lead fundraising
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Liberals saw their donations rise in the second quarter of this year, showing the sole increase among federal parties, though Conservatives continue to dominate.
Elections Canada has released parties’ financial returns for the period from April to June of this year.
The Liberals raised nearly $3.8 million in the second quarter of 2024, an increase from the nearly $3.1 million raised in the first quarter.
Most of those donations came in before the Liberals’ stunning late-June byelection loss in a long-held Toronto riding, so the impact is unclear.
A Conservative byelection win in a Toronto stronghold is being seen by many as a message to Prime Minister Justin Trudeau and the Liberals that it’s time for major change in the party and who leads it.
The Conservatives continue to bring in more money than all the other parties combined, although their fundraising fell from nearly $10.7 million during the first three months of the year to just over $9.8 million in the second quarter.
The New Democrats raised nearly $1.3 million in the second quarter, a decrease of about $55,000 from the previous quarter, while the Bloc Quebecois raised just under $322,000, about $21,000 less.
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