Commentary
The NDP is one of the oldest parties in the country, and it may disappear before the next general election. The 2025 electoral trouncing reduced their seat count in the House of Commons to seven, cost it party status, and led to the resignation of its leader. It’s the financial fallout from the election that may spell the end of the party altogether, though.
The NDP had already been juggling its finances due to soft donor support before the 2025 general election. The party borrowed $22 million to contest the 2021 election and only managed to pay that debt off in February 2024. With little in the bank heading into the 2025 election, the party borrowed deeply again for the campaign. Much of the 2021 debt was paid down due to a campaign rebate coming from taxpayers applying to every riding where the party garnered more than 10 percent of the vote. In the 2025 election, voters in fewer than 50 ridings gave the NDP more than 10 percent support. This has left the party in dire financial straits….