(The Canadian Press)

Liberal party finished 2019 having spent $43 million, raised $42 million

All political parties had until midnight June 30 to submit their financial reports for last year

The Liberal party spent more than it took in the 2019 election year, raising just over $42 million and spending just over $43 million.

Financial records released late Friday show that by the end of the year, the party had $625,865 in assets.

All political parties had until midnight June 30 to submit their financial reports for last year.

Of the major parties, only the Liberals’ 2019 records were available Friday.

The New Democrats say they asked for and received an extension, the Conservatives did not immediately reply to a request for comment.

The Liberals also finished 2019 with $24.7 million in loans, according to their financial records, against huge election-year donations.

Among their biggest expenditures in 2019 were salaries, coming in at $7.95 million.

This year, they are covering some of their staffing costs using the COVID-19 wage subsidy program, which is also being used by the Conservatives.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

Liberals

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

New development will pay homage to fallen World War One pilot

1015 Cook St. will become 28 market rental homes with mural

PHOTOS: Families, spectators wave goodbye to Navy Task Force from Victoria shorelines

HCMS Winnipeg and HCMS Regina sailing to Hawaiian training exercise, further deployments

Fate of newspaper boxes in Victoria to be decided in September

The motion to remove newspaper boxes will be heard at the Sept. 3 meeting

371 British Columbians battling COVID-19, health officials confirm

Thursday (Aug. 6) saw a second straight day of nearly 50 new confirmed cases

Greater Victoria Crime Stoppers wanted list for the week of Aug. 4

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

POLL: Should it be mandatory to wear masks when out in public?

B.C. is witnessing an alarming rise in the number of cases of… Continue reading

Canada vows retaliatory measures as Trump restores tariff on Canadian aluminum

The new Canada-United States-Mexico Agreement that replaced NAFTA went into force on July 1

Canada ‘profoundly concerned’ over China death sentence for citizen in drug case

Police later confiscated more than 120 kilograms of the drug from Xu Weihong’s home

Cowichan RCMP use spike belts to end car chase — man in custody

The driver was arrested at the scene a short distance from his vehicle

Island youth starts virtual race against racism

Cailyn Collins says people can take part in the cause from anywhere

COVID-19 tests come back negative for remote First Nation

“There are no suspected cases in the community at this time.”

Answers to 5 common questions facing families for the COVID-19 school year

COVID-19 protocols are likely to vary even more at the school board level, and even and school-to-school.

Most Read