Mr. Speaker, we heard the hon. member earlier espousing to all the good things the Liberal Party, I guess wanted to do because in 13 years it never got it done.
Here we are, eight months into the game, and we are absolutely getting it done with a very fine bill. The parliamentary secretary should be proud and we are cleaning up this money laundering thing.
I was here through the entire debate and I failed to hear whether or not the new bill would take care of the money laundering issue that was associated with the Liberal Party during the sponsorship scandal. Could the hon. member tell us if it will or will not close that loophole?