The Green Party of Canada has successfully cleared its $1-million campaign debt, marking a significant turnaround for the party. The party faced a major setback in the April 2025 election when its national vote share dropped below two per cent for the first time in 25 years, disqualifying it from receiving a rebate of eligible expenses from Elections Canada.
Following the disappointing election results, co-leader Jonathan Pedneault, who did not win a seat, stepped down. The Greens then focused on repaying a $750,000 bank loan and $250,000 in outstanding expenses. Party Leader Elizabeth May expressed satisfaction with the progress, stating that the Green Party managed to pay off the million-dollar debt in cash between April and December 31, 2025. Additionally, she highlighted that the party raised over $3 million in 2025, although final fundraising figures from Elections Canada are pending.
Meanwhile, the federal Leader’s Debates Commission resolved a dispute with the Green Party after the party challenged its exclusion from the spring election debates. The commission cited the Green Party’s insufficient candidate presence in ridings as the reason for its exclusion. Details of the settlement were not disclosed, but May confirmed that the campaign debt was settled through donations.
Looking ahead to 2026, the Green Party will shift its focus to selecting a new leader, with no set timeline announced yet. May revealed her plans to seek re-election as an MP for her Vancouver Island seat but will not participate in the party’s leadership race.