As a general principle, I think it's possible to go too far. I don't accept the fact that political parties are not mature and have not evolved enough to run their own affairs, to run their own nomination meetings, and to conduct leadership conventions. At the end of the day, we respond to and are judged by the public. I know we are sensitive to that. I'm sure my colleagues on this panel are sensitive to that in formulating all rules. We make them public. You can read them. They are there for all to read. I don't think we've received any criticism for establishing an unreasonable limit, given the contribution limits leadership candidates must live under in the present context. Frankly, I doubt any of our leadership contestants will spend the limit we've allowed.
On June 1st, 2006. See this statement in context.