Procedure and House Affairs committee  According to the bill, if a loan is written off, the association becomes liable for the debt. This seems to be an automatic consequence of the bill. The bill does not mention whether the association had agreed to collaterize the loan. In conclusion, Mr. Chair and members of the

Procedure and House Affairs committee  On your last point, I talked very briefly in my opening remarks of some of the possible impacts on smaller parties or candidates. That's why in the initial recommendation from my predecessor there was a suggestion that maybe consideration should be given to an exception. In my mi

Procedure and House Affairs committee  We intend to make a complete study of the bill. Needless to say, we will be pleased to share the results of our study with the committee. Regarding access to the political arena, there is an issue. This is why, after the initial recommendation, we suggested that exemptions could

Procedure and House Affairs committee  We haven't fully completed the impact analysis, but one thing, of course, is that we will have to design new forms and put them in the system, and that takes a fair amount of time. Just as significant, I think the whole issue of awareness, of education around these substantive ch

Procedure and House Affairs committee  Possibly consideration could be given to allowing candidates to have loans from individuals, or be able to lend themselves—use their personal resources—up to a certain amount to run a campaign.

Procedure and House Affairs committee  I understand, and I'm offering this aspect as a matter of consideration, given that the regime, when you look at it overall, may be more difficult to access for very small parties or independent candidates who do not have the support.

Procedure and House Affairs committee  Absolutely. There are several changes, and significant changes. We have done some awareness education with Bill C-2, the Accountability Act, and we will certainly have to make a similar and maybe stronger effort with regard to this bill. This bill also affects in some respects f

Procedure and House Affairs committee  I hope I understand your question correctly, but I must say I haven't received the returns yet. Until we have received those returns and see what exactly is happening and the status of the repayment.... We will have to address that as we get that information.

Procedure and House Affairs committee  It would be on the date of the event itself, depending on the circumstances. In this case, it would be on polling day. That would standardize the rules.

Procedure and House Affairs committee  What do you mean?

Procedure and House Affairs committee  To my mind, that constitutes a loan.

Procedure and House Affairs committee  That is correct. You would have to negotiate a loan pursuant to the statutory rules. It would therefore be a campaign loan and would be limited to $1,100.

Procedure and House Affairs committee  Yes, that is the limit that applies, be it for a loan, a surety, or a credit guarantee.

Procedure and House Affairs committee  I just want to bring precision here. If your line of credit is with a financial institution, then there's....

Procedure and House Affairs committee  Yes.