The Green Party of Canada has successfully cleared its $1-million campaign debt, marking a significant financial turnaround. Following a disappointing performance in the April 2025 election, where their national vote share fell below two percent for the first time in 25 years, the party faced challenges in qualifying for a rebate from Elections Canada due to the low vote share. As a result, the party focused on settling a $750,000 bank loan and $250,000 in outstanding expenses after their co-leader, Jonathan Pedneault, resigned upon failing to secure a seat.
Elizabeth May, the party’s leader, highlighted the achievement of paying off the debt, stating that the Green Party managed to clear the $1 million debt between the end of April and Dec. 31. Additionally, she mentioned that the party raised over $3 million in 2025, although the final fundraising figures for the year are yet to be released by Elections Canada.
In a related development, the federal Leader’s Debates Commission resolved a dispute with the Green Party, stemming from the party’s exclusion from the spring election debates due to insufficient candidate presence across ridings. The specifics of the settlement remain undisclosed, as stated by May, who emphasized that the campaign debt was settled through contributions from party supporters.
Looking ahead to 2026, the Green Party is gearing up to select a new leader, with plans in motion for the leadership race. While May expressed her intention to contest as an MP in the upcoming election for her Vancouver Island seat, she confirmed that she would not participate in her party’s leadership race. The timeline for the leadership selection process is yet to be announced.
