Mr. Speaker, I think the House would be particularly intrigued and interested in the member's response to the point he made with respect to the role banking institutions would play within the regime entrenched in the bill, particularly as it relates to the whole notion of the pecunious capacity of individuals to go to a bank and say that they want to borrow X amount of dollars toward a campaign.
What would the member's opinion be on to why the government is so concerned with the mechanism as opposed to a candidate being able to go to a number of people, as long as the reporting mechanisms were clear, transparent, reported to the Chief Electoral Officer and the whole issue with bankruptcy and unpaid loans was made transparently clear as to how the loan must be repaid and so on? Why is it so important for the banking institution? Is there something inherent in the banking institutions act that is a protector for the public purse, the public cause?
Is there not another way that would encourage democracy, encourage people to come forward? If they could avail themselves of the confidence of several Canadians to support them, is it not the process of reporting that is more important than the actual mechanism that they have to go to a bank?