To be honest, I'm not in a position to pass judgment as to what works and what doesn't work in terms of Bill C-54. I've certainly read it and I understand it, but this gets back to my earlier comment that it's part of a bigger framework. The election finances framework and the philosophy behind it are determined by the legislators. So there are distinct differences in Ontario versus federally. But if you guarantee a loan in Ontario, that does not get charged against your contribution limit.
On June 7th, 2007. See this statement in context.