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Politics Week: Conservatives Set Fundraising Record

CANADA
(MNI) OTTAWA
  • Finance Minister Freeland held some pre-budget consultations last week, suggesting the plan for the fiscal year starting April 1 won't be delayed as it has been in recent years.
  • BOC Governor Macklem told lawmakers major government spending increases could hamper his inflation fight.
  • Polling aggregator 338Canada shows Conservatives led by Pierre Poilievre are likely to win a majority government if an election were held now. Election is due in 2025 under a traditional four-year mandate but the Liberals rely on NDP to pass confidence motions and avoid an earlier campaign.
  • Uncertainty for 2024 around how Liberals will meet NDP demands for expanded public healthcare as govt cuts departmental spending and interest costs surge.
  • Conservatives set fundraising records, with CAD7.1 m in December alone and CAD35m for 2023. Totals are more a measure of the number of contributors in a nation with strict individual and corporate donation limits, of CAD1,700 last year to any party.
  • Sample headline: What would Pierre do? That’s the big Canadian political question of 2024 (Globe and Mail)
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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