Conservatives Beat Liberals in 2020 Fundraising Race as Both Parties Ramp up Efforts

Conservative Party leader Erin O'Toole responds to the government's fiscal update, the Fall Economic Statement 2020, in the House of Commons, in Ottawa, Nov. 30, 2020. Blair Gable/Reuters/Files

OTTAWA—The federal Conservative party raised substantially more money than the governing Liberals last year, as new Elections Canada figures show the Official Opposition has been filling its coffers ahead of a potential election this year.

The Conservatives ended 2020 with a major surge in donations in the final quarter, while the Liberals also drummed up more contributions in the last three months of the year.