Thank you Mr. Reid.
Can I ask one question, Mr. Scott, before we go?
I want to lay out a scenario here. We've all heard about candidates who won who weren't supposed to, but in a normal election—I'll take my own riding as an example. If I needed to borrow money to run an election, it would probably be in the $25,000 to $30,000 range. That would be some one-third of the spending limit or so in my area.
By this bill, it is suggested that I walk into my local branch manager with 25 people to borrow $30,000, or at least suggest a list of 25 people. I can only guarantee by $1,200 at a go. Certainly knowing my bank manager well enough, I know he would say to just go get the money from them. He doesn't need to do all this paperwork for a loan with 25 people guaranteeing $1,200 a time. If you already know them and they already know you, why don't you just get them to give you the $1,200, instead of guaranteeing the loan? I almost can't see a scenario where someone would guarantee a $30,000 loan with 25 people, or where a bank would not try to find another way around that.
What are your thoughts on that?