Canada Liberals face major rebuilding after loss

"There's a huge amount of debt coming out of this federal election. Everyone's going to chill for at least 18 or 24 months," former federal Liberal cabinet minister Brian Tobin told CTV.

The Liberals used to receive most of their funding as big donations from businesses and wealthy individuals. But new financing laws limit the amount any one person can give, putting the onus on developing a large network of small donors. The Conservatives already have such a base but the Liberals have struggled to repeat their success.

(Reporting by David Ljunggren, editing by Patricia Zengerle)