You rightly pointed out that we are at record levels of farm debt in Canada. We are at roughly $140 billion of farm debt being held across the country right now.
The land prices vary dramatically from province to province, but I think the common burden is twofold. One part is the access to capital and the cost of taxation associated with the transfer. The other is the fact that, increasingly, these large farms are sophisticated operations and there needs to be a long-term planning process. Sudden changes, like those made this year with the capital gains, destabilize that fundamentally for those intergenerational farm transfers.