Mr. Speaker, if there is one thing missing from Bill C-25, it is the regulation of political party financing. We, in the Bloc Québécois, sincerely believe that the current system is hardly ideal since it costs us between $35 million and $45 million annually in public funds in the form of tax credits granted to donors.
Would it not be more democratic to go back to the old system that was in place before Stephen Harper put an end to it, where a certain amount of money was allocated to each political party for every vote cast for them? That would cost us about $40 million a year, which is roughly the same amount that the public treasury pays out in tax credits every year for political party financing.
Does my colleague not believe that this would be much more democratic, that it would actually promote democracy and that it might also be of greater help to third parties? Was it not a mistake to leave that out of Bill C-25? We could have taken this opportunity to address the issue.
