Procedure and House Affairs committee  —in that case, as long as the overhead exceeds or is not greater than the cost of the tickets, an individual, a wealthy person, could buy all the tickets.

Procedure and House Affairs committee  Correct. That's my concern, that a party convention is a party activity, and funding for party activities—

Procedure and House Affairs committee  That would be new.

Procedure and House Affairs committee  I think where it comes from is if you compare that with the ticketed fundraisers.

Procedure and House Affairs committee  In our interpretation of the act over the years, we've accepted that part of the tangible benefits that people receive is the venue. When you go to a restaurant, it's not just the plate; it's also the venue. We have not accepted that for conventions because a convention is a pa

Procedure and House Affairs committee  To be quite frank, I'm not saying that what was contemplated is the loophole that I've identified.

Procedure and House Affairs committee  In the worst-case scenario, it's what the effect could be. I'm saying that there has to be a way to at least preserve against the worst-case scenario. I'm offering a number of ways of doing that, some of which I think achieve what was intended by the bill. At least by providing

Procedure and House Affairs committee  On the privacy side.

Procedure and House Affairs committee  That's correct.

Procedure and House Affairs committee  None whatever, no.

Procedure and House Affairs committee  There are some limitations in the act on the use of the information provided by Elections Canada, but as we've discussed it's very limited.

Procedure and House Affairs committee  Not on the party side. There may be on the other entities' transaction side, but not on the party's side.

Procedure and House Affairs committee  In my view—and I've made this recommendation—the bill should go further in establishing minimum standards and providing oversight.

Procedure and House Affairs committee  I just want to clarify one point before I answer that question.

Procedure and House Affairs committee  You talked about an audit. An audit is based on the information that we receive, and unless on the face of it something is screaming “foreign money”, it will not be seen by an auditor. What we're really talking about is an investigation by the commissioner in those cases. It's no