OTTAWA – Federal parties appear to have seen a drop in their fundraising in 2020, a year when the pandemic has chipped away at donations of all kinds and made some of their traditional fundraising tools rethink.
The Tories’ comeback shows the party raised more than $ 20.6 million from nearly 91,000 donors in 2020, down from the more than $ 30.8 million donated by nearly 124,000 people a year before.
Party spokesman Cory Hann said the party still posted a surplus of nearly $ 4.5 million at the end of the year despite the challenges COVID-19 presented for fundraising, a year after recording a deficit of nearly $ 7 million in the 2019 election year.
“As Erin O’Toole said, he will focus relentlessly on getting Canada’s finances back on track, and he is setting an example for Canadians to see firsthand by leading the party into the same strong fiscal position.” that it will bring to our country, ”Hann said in a statement.
The ruling Liberals raised just under $ 15 million in donations in 2020 from 64,541 donors, down from the nearly $ 20.6 million the party took from just over 86,000 donors to fund a 2019 re-election campaign that saw the return of Prime Minister Justin Trudeau’s government with a minority mandate.
The party also recorded a surplus of more than $ 3.8 million, a year after posting a deficit of $ 1 million.
“Driven by a strong fundraising performance (Q4) and prudent management, the party also holds its best net asset position since 2014 – a testament to how the work of our grassroots movement is fueling everything we do.” can do next to keep Canada moving. before, ”party spokesman Matteo Rossi said.
The Bloc Québécois collected nearly $ 1.6 million in donations from more than 10,100 donors last year, down slightly from the $ 1.8 million paid by nearly 12,600 donors a year earlier.
The party also recorded a surplus of nearly $ 107,000 last year, lower than the surplus of $ 512,000 in 2019, which has helped improve the party’s results as it prepares to present a list. of candidates only in Quebec.
Party spokesman Julien Coulombe-Bonnafous said the numbers show the Bloc’s finances are in excellent health, debt-free and enough money to run the next federal campaign.
“This past year has been a record year in terms of popular funding for the Bloc, despite the pandemic,” he said. “We are grateful to our members and proud to be the only federal party not to have taken advantage of the wage subsidy.”
Results from the New Democrats and Greens are not yet available, although the Greens have suggested the numbers could be available next week.
The parties are also finalizing donation figures for the second quarter of 2021, which ended on June 30.
It’s not unusual to see fundraising plummet in the year following an election year when parties mobilize supporters to donate in anticipation of having to spend millions on national and local campaigns.
But annual reports filed with Elections Canada provide a window into party quality should Trudeau end his own government and call an election.
Trudeau hasn’t ruled out launching an election campaign after his minority government easily did so thanks to a confidence vote on its budget in the House of Commons last month.
This report by The Canadian Press was first published on July 2, 2021.