B.C. NDP MP Peter Julian drops bid to replace Mulcair at federal party’s helm
OTTAWA — British Columbia MP Peter Julian pulled the plug Thursday on his bid to lead the federal New Democrats, saying he’d failed to raise the kind of money necessary to stay in the marathon race to succeed Tom Mulcair.
Julian — the first to throw his hat in the ring — acknowledged a long line of politicians who have forked over their own funds through the years to keep campaigns afloat, only to suffer personal consequences.
“I’ve seen the graveyard of politicians who have invested a lot of their personal money because they thought they could change the dynamic financially, and many of those people … are still paying off huge debts,” he told a news conference in Ottawa.
“You evaluate and you say, ‘Well, if we move forward, that could mean a lot of personal debt.’”