Does Alberta’s Progressive Conservative Party have a “revenue problem?” According to reports from the Calgary Herald, that is how PC Party president Jim McCormick described his party’s financial situation in an email to party officials. The PC Party recently backed down from a plan its board of directors approved for the party to take a 10% levy on contributions donated to its 87 constituency associations.
The PC Party has trailed the official opposition Wildrose Party in donations in the first three quarters of 2013. Most significantly, the four decade long governing PC Party significantly trails the Wildrose in individual donations by more than $780,000 so far in 2013.
Although Premier Alison Redford is expected to successfully face her mandated leadership review at next weekend’s PC Party convention in Red Deer, she still must account for her party’s dipping financial fortunes. At the end of 2012, the PC Party reported a $594,951 deficit in their Elections Alberta financial disclosure. To understand how much the PC Party’s financial health has changed, it reported a $2,889,972 surplus in 2004.
While the PC Party may be feeling a financial crunch, some of that party’s constituency associations continue to raise considerable amounts of funds. In the 2012 election, more than a few PC candidate campaigns raised more than $100,000 at the constituency level.
After Danielle Smith became leader of the Wildrose Party in 2010, that party has seen a significant rise in financial support, especially in the form of smaller individual donations cultivated from an engaged base of supporters. The Wildrose Party continues rival the PC Party in revenue in 2013, something no political party has done in Alberta in decades.
Below are charts showing the donations to Alberta’s four main political parties since 2004. Before recent legislative changes, donations were reported to Elections Alberta above and below $375. They are now reported below and above $250. Maximum donations during annual periods are limited to $15,000 and $30,000 during election periods.
The drop in donations to the Liberal Party appears to coincide with the rise of the Wildrose Party and the departure of Kevin Taft as party leader following the 2008 election. The Liberals have succeeded in paying off a large amount of debt incurred in previous elections, but have most recently struggled to fund party operations after only raising $50,539 in the third quarter of 2013.
The New Democrats continue to enjoy a healthy base of individual donors and a relatively healthy flow of larger donations, though the NDP continues to hold a significant debt and reported $707,524 in total liabilities in 2012.