Madam Speaker, I thank the parliamentary secretary for his question and insight into this issue.
Absolutely, the return for candidates who receive that level of voting, 60%, is some insurance to banks. However, at the end of the day, political parties can loan money to an electoral riding association or other EDAs can also loan money to another riding association. So, between political entities, loans can be made.
There is ample opportunity for Canadians to be a part of the political process where financing will not hinder them.
This bill would actually level the playing field and bring everybody down to the same level where corporations, big unions and wealthy individuals do not control the agenda. It is Canadians who have an opportunity to become part of the political process.