Mr. Speaker, I thank the NDP member for his question. As I said in my speech, any fraud over $5,000 is already subject to what we call the maximum penalty, one of the harshest penalties, which is 14 years in prison. The only penalty that is harsher would be a life sentence, as we see in other cases.
In the bill we are proposing, even if the fraud is under $1 million, all of the aggravating factors of the fraud are taken into consideration. Let us take my colleague's example: a 62-year-old woman is defrauded of $50,000. This does not fall into the same category as fraud in the amount of $1 million. However, the aggravating factors are the same. The judge will have to consider the possibility of restitution, the age of the victim and all other factors that caused this person to lose everything. A two-year minimum sentence is not enough for an outrageous case of fraud, so the judge may hand down a sentence of four or seven years, as we can see in the existing jurisprudence.