Thank you, Mr. Chair.
I would like to thank all the witnesses here as part of this very important study.
I would like to start with a question for you, Mr. Gervais.
A report from Farm Credit Canada explains that the increase in the value of farmland has again slowed in 2016, both in Quebec and in Canada as a whole.
The UPA said that the growth in value is not keeping pace with growth in incomes, and that a bubble is growing and creating a barrier to the transfer of businesses, which is basically damaging the long-term profitability of the agricultural sector.
Would establishing rules to govern land transfers, transactions and locations be a good way to reduce land value growth and agricultural debt?