Prime Minister Carney’s $5M Liberal leadership war chest fuelled by billionaires, bankers, and Canada’s wealthiest neighbourhoods

From Rockcliffe to Rosedale: Carney's campaign received over $5-million from more than 25,000 donations during the 45-day Liberal leadership race, and nearly half a million dollars came from just five neighbourhoods.

Prime Minister Mark Carney spent just shy of $3.9-million to win the Liberal Party leadership race earlier this year, including nearly $1-million on advertising and more than $261,000 on travel and hotels. The Hill Times photograph by Andrew Meade

News

BY STUART BENSON

October 8, 2025

The prime minister’s winning Liberal leadership campaign’s $5-million fundraising haul was buoyed by the former central banker's “billionaire and business elite” connections in Canada and internationally, with just five of this country’s most affluent neighbourhood...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Fridays: Hill Life & People Newsletter

Itâ€™s all about the people: the latest on parliamentarians, political staff, and politicos.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy