
The Conservative party raised a record amount in 2024 — and spent even more
OTTAWA — The Conservative party’s spending outstripped its record fundraising total in 2024 as it ramped up advertising and internal polling ahead of the federal election.
According to records filed with Elections Canada, the Tories brought in $42 million in donations and another $5 million in membership fees last year, with total revenues of just over $48.5 million.
The party spent just shy of $50 million over the same period — an increase of nearly $13 million over 2023.
A large amount of that money went to advertising, with $7.8 million spent on TV, $1.5 million on radio and another $7.1 million on digital ads. More than $2.5 million went to research and polling.