Mr. Speaker, I would like to thank the member for his compliments.
I had indicated to the parliamentary secretary that the breaks in the connectedness of people to even take out a loan beyond the bank is along the lines that have been suggested. In the past if one contracted for a loan, and if that is established under this legislation, it should not matter whom the loan is with as long as it is within the limits prescribed in the legislation.
The member is quite right that not only are there limits on the amounts, but there is a prohibition with respect to doing that. I have said that it is not only impractical, but it is inequitable.
The legislation tries to make it transparent that unions and businesses and so on should not be able to buy their way into the political process, but it applies the same principle to people who want to get behind people they support. As long as it is transparent and it is established in a contract and there is adjudication and transparent oversight, why should it matter whether it is someone within the limits because it has to be repaid? The bill talks about repayment. That is the issue. As long as the loan is paid back to those people as individual citizens, why should it matter? I just see it as very inconsistent, inequitable and unfair.