Conservatives lose fundraising ‘bazooka’ as Liberals close the gap in first half of 2026

The Liberal Party's fundraising is the most competitive it has been in a decade, but the slowing Conservative figures are more a byproduct of a current lack of electoral urgency, say politicos.

The parties led by Liberal Prime Minister Mark Carney, left, Conservative Pierre Poilievre, Bloc Québécois’ Yves-François Blanchet, top right, and New Democrat Avi Lewis all saw quarter-over-quarter fundraising declines in the first six months of 2026.The Hill Times photographs by Andrew Meade and illustration by Joey Sabourin

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BY STUART BENSON

August 3, 2026

At the halfway mark of 2026, the Conservative Party’s quarterly fundraising lead has shrunk to its lowest point since late 2022. But while all four other federal parties also faced quarter-over-quarter declines, the Liberals’ strengthened donor base continues to erode th...

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