Tories Out-Fundraised Liberals by $18 Million in 2025 as Both Parties Tout ‘Record’ Year

Conservative Leader Pierre Poilievre (L) and Prime Minister Mark Carney shake hands before question period in the House of Commons on Parliament Hill in Ottawa on Sept. 15, 2025. The Canadian Press/Adrian Wyld

It was an election year in 2025 and even though Liberals formed government with a strong minority, Conservatives maintained their fundraising lead.

The two major parties reported in recent days the amounts they were able to raise last year, ahead of the official information for the last quarter of 2025 being made available by Elections Canada.