The Reconstruction Party was a Canadian political party founded by Henry Herbert Stevens, a long-time Conservative MP who served as Minister of Trade in the Arthur Meighen governement of 1921, and as Minister of Trade and Commerce from 1930 to 1934 in the Depression-era government of R. B. Bennett. He was Chairman of the Price-Spreads Commission in 1934.

Stevens argued for drastic economic reform and government intervention in the economy. He quit the Bennett government and formed the Reconstruction Party when it became evident that the Tories would not implement the proposals of the Price-Spreads Commission.

The Reconstruction Party ran in the 1935 election, nominating 174 candidates, and winning more votes nationally than the other new parties. The Liberal vote was 2,076,394, the Conservatives 1,308,688, and that for the Reconstruction Party 389,708; while the Cooperative Commonwealth Federation and the Social Credit parties garnered 386,484 and 187,045 votes respectively. Many of the votes that the party won were taken away from the Conservative Party. In 48 ridings, the margin of victory for the Liberal candidate over the Conservative candidate was less than the number of votes received by the Reconstruction Party candidate.

Despite receiving 8.7% of the vote, the party only elected one MP - H.H. Stevens. The Reconstruction Party came to an end when Stevens rejoined the Conservatives in 1938.

Party program

Fifteen points summarized the "New National Policy of Reconstruction and Reform"; a pledge to youth, a system of public works, including the completion of the Trans-Canada Highway, a national housing program; and in order to balance the budget, a Reconstruction government would administer federal taxes "through a single set of auditors" and would invite the provinces to cooperate in the system which would divide the returns on "an equitable and agreeable basis."

See also: List of political parties in Canada