Post-election donation dip deepens as Grits and Tories deadlocked at $4M range in third quarter

Despite quarterly fundraising falling to levels unseen since 2022, the Liberals’ overall $23.7-million and the Conservatives’ $41.6-million take for 2025 already represent historic records for their respective parties.

Prime Minister Mark Carney, left, has led the Liberal Party to a reversal of fortunes in fundraising this year, while Conservative Leader Pierre Poilievre's three-quarter total is just shy of his party's historic 2024 total.The Hill Times photographs by Andrew Meade and illustration by Naomi Wildeboer

News

BY STUART BENSON

October 31, 2025

The post-election fundraising slump deepened in the third quarter of 2025, with both the Liberals and Conservatives each raising just over $4-million overall—the weakest quarterly performance for either party since early 2022.

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