The New Democratic Party (NDP) of Canada has initiated a comprehensive review and renewal process following its 2025 federal election campaign. Former NDP candidate and lawyer Emilie Taman has been appointed to lead this summer-long consultation phase, which is set to begin in the coming weeks. The party plans to launch a leadership race in September 2025, with the new leader expected to be chosen by March 2026. This leadership contest is partly motivated by the party's financial challenges, including campaign debt, with some former Members of Parliament suggesting that the race could help alleviate these issues through increased fundraising. Candidates will face a $100,000 entry fee, indicating the party's intent to attract serious contenders. The NDP is confronting a difficult financial situation, and the leadership race is viewed as a critical opportunity to replenish party funds and reinvigorate its political direction.