The Conservative party spent $42 million during last year’s election campaign that saw them reduced to Opposition status in the House of Commons.
That’s $12 million less than the $54 million cap allowed by Elections Canada.
But Conservative Fund chairman Irving Gerstein says he’s heard no suggestions the party lost because it didn’t spent enough.
Gerstein is telling delegates to the party convention that the party took out a $28 million loan to cover part of the campaign spending, but that money has been repaid.
He says so far in 2016, the party has raised $5.7 million a record first quarter amount for the party in a non-election year.
The Liberals have previously said they spent about $40 million on the election.
(The Canadian Press)