Thank you for the testimony today. It's helpful.
The suggestion of removing all personal loans—because it's so complicated to try to understand when someone hits their limit. It's a moving target. In terms of putting that to banks and credit unions...and obviously we're going to have hear from them, I think, as a committee. We're making a bunch of assumptions about what they will and won't do, and I don't think anyone around here is necessarily right, and I don't think Elections Canada can assume either.
If you have a guarantor who comes in to guarantee the loan, which from personal experience is something that my credit union was interested in, that then prevents that person from donating to the campaign because that's an assumed contribution, even though they haven't donated a dollar. Is that correct?