He's just one example. One consideration for many kids is the tax efficiency of it and whether they want to continue to be in the business, because there are many disincentives to continuing. Being a farmer makes for a hard-working life, for one thing, and then on top of it you pay huge amounts of tax.
In the proposal the government has before us—the one we're studying, the one we're here for—it's double taxation. Repeated witnesses have said that you'll be taxed on the estate side, you'll be taxed on one end, and taxed again on the other end. It's another disincentive to continue multi-generational farming, multi-generational ranching.
Ranching is big business. It's also a family business in Alberta. Entire regions of Alberta are named after the original family farms and original ranchers who were there. Do you think the family farm is obsolete?