The Liberal Party of Canada spent $43 million in 2019 while only raising $42 million according to documents released by last week's deadline for all parties.
According to CP24:
All political parties had until midnight June 30 to submit their financial reports for last year.
Of the major parties, only the Liberals' 2019 records were available Friday.
The New Democrats say they asked for and received an extension, the Conservatives did not immediately reply to a request for comment.
The final numbers appear to be different than the fundraising totals reported earlier this year.
According to Global News in January:
The Tories... [raised] a total of $30.8 million in the whole of 2019, as compared to $21 million for the Liberals, $8 million for the NDP and $6.5 million for the Greens.
Earlier this year, we reported that the Liberal Party of Canada out-fundraised the Conservative Party for the first time in three years during the financial quarter which included the election, but the Conservatives out-fundraised all other parties during the full 2019 year.
Justin Trudeau's Liberal Party have been in office in Canada since 2015.
Two weeks ago, Canada's credit rating dropped from AAA to AA+.