The federal New Democratic Party’s financial difficulties are only getting worse. Reports filed by the party with Elections Canada show it was the NDP’s worst fundraising year since 2010. The party fared far worse than both the Conservatives and Liberals last year, bringing in $4.9 million, down from $5.4 million in 2016, even though it increased the number of donors by almost half of last year’s total. The party received contributions from 39,053 supporters, compared to 26,754 from the year before. Despite that, the party lost $1.4 million during 2017, finished the year with $378,000 in cash, and have negative net assets of $3.1 million.

The Conservative party raised the most of the federal parties pulling in $18.8 million in 2017. It was a notch above their efforts the year before. They had 94,786 donors, a $3.5 million operating surplus and $4.8 million in the bank. They finished 2017 with $1.5 million in net assets.

The Liberals raised $13.9 million from 64,444 donors last year. They fell more than $3 million short of their fundraising total of 2016. They posted a deficit of $426,000 for the year and finished with just $1.6 million in the bank. They finished the year with $1.7 million in net assets.

The Greens raised $2.5 million in contributions in 2017. They had 14,773 contributors, finished the year with a surplus of about $65,000 and had $1.3 million in the bank at the end of the year. They had $1.2 million in net assets to end the year.

The NDP have to be disappointed with their contributions, given they poured in $100,000 more into fundraising efforts last year over 2016. They spent $423,000 on fundraising in total. The Conservatives spent a whopping $7.2 million on fundraising, while the Liberals spent $2.7 million on fundraising. The Greens spent $184,000 on the same activities.

To prevent a much larger loss (the party lost $2.8 million in 2016), the NDP cut more than $1.1 million from their operating budget much of it to salaries and benefits paid. The total dropped by $650,000 and travel and hospitality expenses were reduced by nearly $400,000. Party leader Jagmeet Singh hasn’t accepted a salary from the party since becoming leader in October. Singh’s press secretary told The Toronto Star he wouldn’t take a salary until its finances improve “significantly.”

The party also cut its advertising and reduced its bank charges including the depreciation it paid, the professional services it paid for and the transfers it made.

The party also used $1.45 million of its line of credit during the year.

The party financials were due to Elections Canada at the end of June. The NDP received an extension to Friday. Elections Canada posted the NDP’s returns online Tuesday.

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