I thank my colleagues for their expressions of sympathy, but it was just a temporary setback, Mr. Speaker. I won my seat in 2004.
To make a long story short, after the election campaign, I no longer had a job, and I was in a lot of debt. As any responsible person would do, I made sure I repaid that debt. It never occurred to me that my party should take on that responsibility.
Of course, I had received an election rebate, because my expenses were in order, but I had still borrowed money, because in our riding, the party did not have much money at the time. Things have changed a great deal since then. There must not be very many cases where candidates, at least Bloc Québécois candidates, do not repay their debts. If a party were saddled with all its candidates' debts, the party supporters would not be very happy.
Earlier, one of my colleagues was saying that in his riding—and it is that way for the most part in Bloc Québécois ridings—supporters quite often give small amounts of money. We have a multitude of supporters who take part in fundraising activities. They organize spaghetti nights at $10, $20 or $25 a head as a fundraiser because in our culture, we do not rely on big companies, even though the legislation has now changed for the better—thankfully.
I remember a time when the former prime minister, during a leadership race that was more like a coronation, received $100,000 from the Irving Oil Corporation. I can assure you that I have never received that kind of money, even when the legislation allowed it. Where I come from our supporters would be insulted if they were told that all the money they raised was going to be used to pay off a candidate's debt, if the candidate defaulted, because it was the party's responsibility to do so.
Bill C-29 is not a bad bill, since it corrects some of the shortcomings in the Accountability Act, the former Bill C-2, which the government wanted to pass so quickly that it unwittingly, or not—I am not sure—forgot the ethical problems.
That was at a time when the Conservative government probably thought, as many analysts did, that their mandate would last a year or a year and a half. They presented a few priorities—I believe there were five at first—saying they would start with that. In the two years the government has been in place, it has not seemed sure what direction to take. Nonetheless, I believe it does know: it wants to go back to the polls because it does not have any plans that would enable it to go on much longer.
The government thought it would not last long. It wanted to quickly fulfill its so-called promises, but in its haste it left out some parts. That is why we now have Bill C-29: to fill the gaps.
Bill C-29 seeks to prevent individuals from bypassing campaign financing rules.
Since I am being signalled that I have only two minutes left, I will be brief.
The Bloc Québécois believes it is necessary to regulate loans in order to prevent people from getting around the financing limits. In fact, it is ironic that this government is presenting such a bill, since the Conservative Party is currently being investigated by Elections Canada, which is refusing to rebate the campaign expenses for 67 Conservative candidates who ran during the last election campaign. There are nine members from Quebec, two ministers from Quebec and a secretary of state from Quebec. The latter is not really a minister, although he has a limousine. A secretary of state is not considered a real minister. Those people are among that group.
Here is how they do it: money is transferred to the ridings for advertising. It was supposed to be for local advertising, but in reality, it was used for national advertising. The candidate who received the money never once saw his face on television or in the media. It really was for national advertising. The riding associations sent money back to the national level to pay for the advertising.
This strategy allowed the party to raise its limits for campaign spending by $1.2 million. That is a considerable sum, which is why it is so important at this time, on the eve of a possible election campaign, to avoid this kind of ploy, and ensure that the Conservative Party cannot repeat the same gimmick, which allowed them to have higher spending limits for campaign advertising than any other party normally would have.
I would like to point out that the Conservative Party accused the NDP and the Liberals of doing the same thing. However, Elections Canada said that those parties really gave their candidates an opportunity to have local advertising. That is the difference.