(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

Saanich police search for suspect accused of using stolen credit, debit cards

Greater Victoria Crime Stoppers says suspect made numerous fraudulent purchases

Island riders conquering new heights

With no races, cyclists tackle Everest challenge to lift community

Homeless woman sentenced to 18 months in jail for selling drugs to Victoria police officer

Officer paid $20 for a substance consisting of heroin, fentanyl and caffeine

Family restaurant to hold Saturday fundraiser for Beirut blast

Wrap and Roll will donate all sales to victims of blast

Police looking for witnesses of alleged assault in Burnside Gorge’s Cecila Ravine

Concerned woman pushed to the ground, had phone broken while taking a photo of a dog

53 new COVID-19 cases, no new deaths cap off week of high infection rates in B.C.

Roughly 1,500 people are self-isolating because they either have COVID-19 or have been exposed to it

Fitness non-profit challenges citizens to invent a game to be physically active

The campaign was launched after a study showed only 4.8 per cent of children and youths in Canada met required standards of the 24-hour movement guidelines

VIDEO: U.S. Air Force pilot does fly-by for B.C. son amid COVID border separation

Sky-high father-son visit plays out over White Rock Pier

3 Vancouver police officers test positive for COVID after responding to large party

Union president says other officers are self-isolating due to possible exposure

Vancouver Island team takes on wacky challenges of world’s largest scavenger hunt

Greatest International Scavenger Hunt taking place Aug. 1-8

New mothers with COVID-19 should still breastfeed: Canada’s top doctor

Dr. Theresa Tam made the recommendation during World Breastfeeding Awareness Week

Collapse of Nunavut ice shelf ‘like losing a good friend:’ glaciologist

The ice shelf on the northwestern edge of Ellesmere Island has shrunk 43 per cent

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

Most Read