I will briefly speak to the amendments concerning loans that were presented when Bill C-2 went through, since Monsieur Godin raised the subject. I don't want to say the wording was sloppy, but the difficulty was that the wording I don't think would have achieved what I think was Mr. Martin's very good and very genuine intention. There was some awkward blurring of the line and terminology between the words “contribution” and “loan” and so on. I know the objective he was trying to achieve was what we're trying to do with Bill C-54. I believe it would not have been achieved with the amendments that were put forward at the time, and that's where it got tripped up at the time.
On May 31st, 2007. See this statement in context.