Thank you, Minister, for being here today.
I would like you to expand on a few things. The presentation was excellent, but perhaps we could get a little more detail about some of the elements you covered in your opening statements, particularly on loans. Currently, as you pointed out, there are really no rules in place governing loans that can be made to a leadership contestant. For example, a friend, relative or a business associate can lend money in almost any amount to a leadership contestant, but there are no real rules in place on what that loan is, how much, if there are any limits on the loan, what the repayment schedule is, what the interest rate is, if there is one.
I'd like you to expand on that in terms of transparency. You said this bill would level the playing field and be a more transparent effort to try to get that type of situation where loans are made, so the public would be able to understand more completely the type of financial transactions that are being conducted between individuals and a leadership contestant.
Could you explain why this bill addresses the concerns that you've heard?