CAQ candidate André Bachand walked away from $40,000.00 past leadership debt

CAQ candidate André Bachand is facing legal action as former Tory fundraiser says he’s owed $40,000 for an earlier failed Conservative bid.


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CAQ candidate André Bachand owes former Tory fundraiser $40,000 for an earlier failed Conservative bid.

Former Federal Conservative leadership Candidate Rick Peterson who was the chief Fundraiser for Bachan’s campaign when he gave the MP a $40,000 loan.

“He needed $35,000 to get into the race,” he said. “I offered to lend him the money.”
Peterson, who lives in Vancouver, said the agreement happened the Thursday night before Bachand entered the race on Monday, Feb. 24, 2003.

In the end, Peterson lent him $40,000 total, and the agreement was made in front of Peterson’s wife and children, as well as campaign manager Serge Malaison.

“It was at my own kitchen table,” said Peterson, CEO of Peterson Capital.

“It was made clear it was a loan from the start.”

Serge Malaison was contacted by The Post Millennial to confirm he witnessed the agreement at Peterson’s house in Vancouver.

Although we await his response, we do have his comments made in 2004 to the Sherbrooke Record. In which he states:

“Mr Bachand agreed to pay back the money,” Said Serge Malaison

When contacted for a statement on the matter Rick Peterson said he had no comment.

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Former Federal Conservative leadership Candidate Rick Peterson who was the chief Fundraiser for Bachan’s campaign when he gave the MP a $40,000 loan.
This surfaced following Bachand declaring his CAQ candidacy.
Reports of Bachand walking away from his debt were recorded in a Sherbrooke newspaper story following Bachand failed 2003 PC leadership bid.
“He needed $35,000 to get into the race,” Peterson was quoted in the 2004 story, “I offered to lend him the money.” Peterson, who lives in Vancouver, said the agreement happened the Thursday night before Bachand entered the race on Monday, Feb. 24, 2003.

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Yanky Pollak

Yanky Pollak is a young energetic activist, with a strong voice for the community. He has been involved in multiple political campaigns and has worked very closely with many political figures. He works as a freelance photographer.

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