The well-funded Conservative Party of Canada spent more than $8.5 million on advertising last year, significantly more than any of its political rivals spent spreading their message.
The party had $16 million in cash at the end of 2023, compared with nearly $2.8 million for the Liberals.
The well-funded Conservative Party of Canada spent more than $8.5 million on advertising last year, significantly more than any of its political rivals spent spreading their message.
The Liberals spent a small fraction of that, about $381,000, while the NDP spent only about $42,000.
The figures are contained in the 2023 federal political parties’ annual financial report, published online this week by Elections Canada.
A Conservative statement said the party will have $16 million in cash at the end of 2023, up more than $3.2 million from the start of the year.
The Liberal Party of Canada had about $2.8 million in cash at the end of December, down about $530,000 from the start of January.
The NDP did not report its cash holdings for 2023 because it is still paying back loans from the 2021 election campaign, but the party said earlier this year that it is currently in the black.
