The Conservative Party of Canada raised the most money of any federal party in 2021, bringing in $26.4 million in donations.
Audited financial statements filed with Elections Canada show that’s just shy of $6 million more than the party raised in 2020, and the number of people who gave money to the Tories — 95,000 — was up by about 5,000 year-over-year.
Both parties also took on large loans in 2021, with the Liberals borrowing $30 million from six lenders, and the Conservatives taking out a $29-million loan that was repaid in full early in 2022. The parties ramped up their advertising, with the Bloc shelling out $1.5 million, the Conservatives $8.8 million and the Liberals $15.41 million.Speculation began over the summer that Trudeau was planning to call a snap election, in a move many observers say was an attempt to win a majority.
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