Mr. Speaker, if we really believe that the trust funds are out of hand, if individual members have $230,000 in their own names that they have fundraised, this is not a party account for any party in the House. It may be in the name of an individual party, but also for an individual in that party. I am not the legal expert on individual trust accounts. My gut reaction as a citizen would be that this legislation should be retroactive to trust accounts. I question why we would need them. It is one thing to raise money to put in the party's coffers. It is another thing to raise money that goes into a person's own pockets.
In the House of Commons on February 17th, 2003. See this statement in context.