Latest / Toronto News Today | 2 Min News | The Daily News Now!
Conservatives Spend Big, Still End Up in Debt | Toronto News
The Conservatives blew through nearly $100 million last year, ending up with a $14 million deficit despite reserves—flip-flopping from a $9 million surplus the year before. Meanwhile, the NDP’s finances remain unreported. The Liberals spent $55 million, mostly from donations and election rebates, while the Conservatives brought in $48 million in donations but relied heavily on $32 million in unexplained government transfers. They maxed out a $30 million election loan, planning to repay it via rebates and fundraising—despite losing the election and MPs switching parties. The Liberals spent…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.