Peter Armstrong, Fraser Institute board members among NPA's big ticket donors

Fraser Insitute board member Hassan Khosrowshahi, Fraser Insitute chair Peter Br
From left to right: Fraser Insitute board member Hassan Khosrowshahi, Fraser Insitute chair Peter Brown, and NPA president Peter Armstrong

The NPA received 20 per cent of its funding through its president, Peter Armstrong, while Fraser Institute board members contributed generously, according to the party's newly-released donor list. 

The Fraser Institute, a Vancouver-based think tank made news in the past for its list of donors, which included foundations run by U.S. oil billionaires David and Charles Koch

“I have said from the outset that transparency will be the hallmark of this campaign. Today I make good on my word with the public release of this information,” LaPointe said.

The Peter and Joann Brown Foundation, a charitable organization headed by Fraser Institute chairman Peter Brown, donated $10,000 to the NPA. According to aB.C. Laureates website bio, Brown "supports children's, arts and community charities as well as the BC political system" through the foundation. 

Fraser Institute board member (and Future Shop founder) Hassan Khosrowshahi, together with his wife Nezhat, donated $20,000 to the NPA campaign. Khosrowshahi's investment company, Persis Holdings, kicked in another $20,000. Khosrowshahi is the also founder of Inwest Investments and Wesbild Holdings, which gave $10,000 each. 

Former Whistler mayor Mark Angus gave the party $17,500. Along with former mayoral candidate Bob Kasting, Angus has publicly endorsed LaPointe.

With the NPA list released, all parties have now released their donor list. Although LaPointe has said in past interviews that the NPA is not as well funded as its rival, both parties are nearly tied at over $2 million, with Vision slightly ahead. 

"Peter Armstrong, the President of Rocky Mountaineer and President of the NPA, donated more than $400,000 to the NPA – making it the second largest donation in Canadian political history, after the $960,000 donation to the NPA from developer Rob Macdonald in 2011," Vision said in a news release.

“The NPA disclosure falls well short of full transparency,” said Mayor Gregor Robertson at a press conference today. “The full information is not there in contrast with Vision Vancouver’s disclosure.”

Both parties have meanwhile come under attack from COPE for accepting significant donations from the real estate industry to help fund "attack ads" on airwaves. 

NPA donor list

Vision Vancouver Donor List

More in News

Rural British Columbians oppose trophy hunting of grizzly bears

The majority of British Columbians living in rural ridings oppose trophy hunting of grizzly bears, a poll conducted by Insights West on behalf of the Commercial Bear Viewing Association has found....

Ride hailing, electric vehicles, self-driving cars: Ford Canada looks to future

Ride hailing, electric vehicles and self-driving cars are transforming the future of Ford Canada, and CEO Mark Buzzell says the company is gearing up for a radical shift toward becoming an "auto and...

Snowboarding star Mark McMorris in hospital after backcountry accident

An accident on a jump "well within his skill level" in British Columbia's backcountry as has left Canadian snowboarding star Mark McMorris with serious injuries. A medal favourite at next year's...
Speak up about this article on Facebook or Twitter. Do this by liking Vancouver Observer on Facebook or following us @Vanobserver on Twitter. We'd love to hear from you.