Politics

Liberal donations up, but Conservatives still lead fundraising

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 released parties' financial returns from April to June

Two politicians near each other during a memorial event.
The Conservative Party continues to lead all other political parties in terms of federal fundraising, but the Liberals were the lone party to see an increase in fundraising in the second quarter of 2024, according to Elections Canada. (Sean Kilpatrick/The Canadian Press)

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.

WATCH | Conservative breakthrough in Toronto seen as message to Trudeau, Liberals: 

Conservative breakthrough in Toronto seen as message to Trudeau, Liberals

5 months ago
Duration 3:31
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.