Mr. Speaker, the member opposite gave a very good summary of the bill before us.
As he knows, the NDP is supporting the bill at second reading, but I do have a couple of questions and they are real questions, actually.
This whole issue of financing political loans and raising money gets very complex. I wonder whether he thinks there are any loopholes that, if this were to pass, could possibly give an out in some way that would allow someone to go through the back door. I think that is the way we have to look at the bill.
Also, in terms of the current situation, where there are candidates who did not win and are now in arrears under the Canada Elections Act and will possibly get fined, what would their status be pending this new bill? Would the new bill be retroactive in terms of these candidates who have outstanding loans that have now gone beyond the limit? What would their status be?