(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

Volunteer rescuers train for helicopter exits at Alberni Valley Regional Airport

More technical rescues mean Alberni Valley Rescue Squad members must keep up specialized skills

Three active COVID-19 cases on Vancouver Island

Since July 24, Central island has had five new cases, North one, South none

Coulson Group makes donation to Alberni Valley Hospice Society

Hospice Society holding raffle to make up for lost revenue during COVID-19

Alf Todd on a mission to fight Parkinson’s disease

Todd and group hope to raise $10,000 riding bikes to Port Alberni

Work begins on mural near Harbour Quay

Mural will depict the creation story of Tseshaht First Nation

Man arrested after stabbing incident at makeshift camp near Vancouver Island mall

RCMP in Parksville report 28-year-old man taken into custody without incident

Canucks ride momentum into NHL playoff series against defending Stanley Cup champs

PREVIEW: Vancouver opens against St. Louis on Wednesday

Man, 54, charged in connection with fatal attack of Red Deer doctor

Doctor was killed in his walk-in clinic on Monday

One dead as fish boat sinks off southern Vancouver Island

Shawnigan Lake-registered Arctic Fox II went down off Cape Flattery, west of Victoria

Landlord takes front door, windows after single B.C. mom late with rent

Maple Ridge mom gets help from community generosity and government

42 more people test positive for COVID-19 in B.C.

The province has recorded no new deaths in recent days

Joe Biden selects California Sen. Kamala Harris as running mate

Harris and Biden plan to deliver remarks Wednesday in Wilmington

Lawsuit launched after Florida child handcuffed, booked and briefly jailed

Suit alleges “deliberate indifference” to what should have been handled as a behavioural issue

Most Read