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Liberal leadership race: Mark Carney leads fundraising efforts

Click to play video: 'Business Matters: Mark Carney leads fundraising efforts in Liberal leadership race'
Business Matters: Mark Carney leads fundraising efforts in Liberal leadership race
WATCH ABOVE: Mark Carney leads fundraising efforts in Liberal leadership race – Feb 19, 2025

Former central banker Mark Carney is dominating the fundraising field in the race for the federal Liberal leadership.

Financial data published by Elections Canada shows Carney raised $1.9 million for his leadership bid from 3,289 donors.

Click to play video: 'Liberal leadership candidate Mark Carney draws large crowd in Kelowna'
Liberal leadership candidate Mark Carney draws large crowd in Kelowna

Former Liberal House leader Karina Gould raised about $236,000 from more than 600 donors, while Montreal businessman Frank Baylis raised more than $227,000 from 59 people.

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Former finance minister Chrystia Freeland — widely considered to be Carney’s main rival for the leadership — raised just under $227,000 from nearly 300 people, while Ruby Dhalla came in last by raising $115,000, according to the Elections Canada data.

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The Freeland campaign told Global News that the Elections Canada figures are “incomplete.” A source in the campaign said they have 2,000 donors and have raised a total of nearly $600,000.

The campaign said the Liberal party has not yet remitted some contributions the Freeland camp collected through direct donations to the party over the financial reporting period — which would mean hundreds of thousands of dollars were not captured in Tuesday’s numbers.

The data covers any funds gathered from supporters from the first day of the contest to four weeks before the party’s voting day on March 9.

—With additional files from Global News

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