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. This setback led to the resignation of co-leader Jonathan Pedneault, who failed to secure a seat.
In response to their electoral defeat, the Greens focused on settling a $750,000 bank loan and addressing $250,000 in outstanding expenses. Leader Elizabeth May expressed satisfaction with the party’s achievement, stating that they managed to pay off the million-dollar debt in cash between April and December 31. Additionally, the Green Party reported raising over $3 million in 2025, although final fundraising figures from Elections Canada are pending.
Meanwhile, the federal Leader’s Debates Commission reached a resolution with the Green Party following a legal dispute over the party’s exclusion from the spring election debates. The commission’s decision to exclude the Greens was based on their insufficient candidate presence across ridings. While the details of the settlement remain undisclosed, May confirmed that party donations were used to clear the campaign debt.
Looking ahead to 2026, the Green Party is gearing up to select a new leader, with plans for a leadership race on the horizon. May disclosed her intention to seek re-election as an MP in her Vancouver Island constituency but will not participate in the party’s leadership contest. The timing for the leadership race is yet to be announced as the Greens prepare for the upcoming electoral cycle.