Thank you, Mr. Chair.
Mr. Chénier, I would just like to correct the terminology. Though Mr. Reid mentioned a retroactive impact, I did not hear you mention retroactivity, because there is none. What you are saying is that, if a person wanted to contribute to a fundraising campaign to pay off a leadership candidate's debt, that person would be able to contribute $1,000 or $1,100 annually, starting from now, whether the race took place last year, or takes place this year or next. There is nothing retroactive in that. The leadership candidate's debt is not a retroactive one. It is a debt that exists now. If there is no debt or if there is no leadership race, people cannot make contributions. We have to understand this.
Do you agree with me?