Mr. Speaker, I welcome many of the measures contained in the bill. One measure I welcome is the closing of certain loopholes with respect to foreign funding through registered third parties by requiring third parties to set up separate bank accounts so that only funds donated from individual Canadians and permanent residents could be used for regulated activity. That being said, there is an exception that would allow third parties to use their revenues, their existing funds, if contributions are 10% or less on an annual basis the year before the pre-writ period.
Under any circumstances, could foreign funds be treated as being melded with the general funds or general revenues of the third party entity, thus creating a new loophole while seeking to close other loopholes?