Mr. Speaker, I do not know specifically of any loopholes. However, I asked the parliamentary secretary to the government House leader earlier what he thought about loopholes, as he has been very involved with the bill, and he did mention one potential area where something could apply locally but not at a national level.
Maybe there are no loopholes in the bill, maybe it is airtight. However, it does require a very close examination to ensure that one cannot get around the principles being put forward on loans by doing indirectly what one is not allowed to do directly.
I have full confidence that the NDP members on committee who get this bill will do their due diligence in examining the bill in great detail. Maybe there will be amendments and when it comes back at report stage we will have an improved bill. We know what we are looking for and what we want to accomplish here, but I think that will be the work of the committee. I look forward to it.