Mr. Speaker, under Bill C-29, loans, guarantees and contributions from individuals could not exceed the limit set out in the Federal Accountability Act, $1,100 in 2007. Only financial institutions—at commercial interest rates—and other political entities would be allowed to lend amounts exceeding that amount. The rules governing unpaid loans would be strengthened to prevent candidates from walking away from their debts.
We agree with these provisions. Quebeckers have always wanted this legislation to be as transparent as possible. We think that the way we do things in Quebec—