Mr. Speaker, the bill does not reform political party financing to restore public funding.
As we know, the more an individual can donate, the more likely it is to create the appearance of conflicts of interest or corruption. For example, there was a case where a former prime minister authorized the opening of a new bank in Toronto specifically for the Chinese community in British Columbia. The very next day, he received 45 donations to his riding, each at the maximum amount, from individuals who were members of those communities in Toronto and British Columbia.
All this corruption, or the appearance of corruption, could be eliminated by introducing public funding for political parties and limiting the amount individuals can donate.