Liberal leadership candidates face $125,000 funding deadline

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Liberal leadership candidates face $125,000 funding deadline
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Liberal leadership candidates in Canada have a 5 p.m. deadline today to pay a $125,000 installment to the party, a major hurdle in the unusually short leadership race. The party set a total entry fee of $350,000, with previous payments of $50,000 each already made. If candidates fail to meet this deadline, they will be eliminated from the race.

OTTAWA — Liberal leadership candidates face a 5 p.m. deadline to clear their biggest hurdle yet to stay in the race: shelling out $125,000 to the party.Challengers still in the running already have made two payments of $50,000 each. In addition to today's $125,000 instalment, they will have to clear the final instalment of $125,000 by Feb. 17.

She said the party establishment tried"as hard as possible" to keep the number of candidates low, and now she's working to meet an"extremely aggressive" fundraising deadline. "I understand the party. It's in a very difficult position. This is a very condensed race. We have a very short time period," he said."But I respect what the party is doing, and we're going to work within the confines of the rules that the parties laid out."

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