Mr. Chair, this is a very reasonable amendment.
We're already almost in June, we haven't even passed the rules, and the government wants them to apply as of January 1 of this year. In other words, people are going to know exactly what the rules are probably in early July, and they will have to retroactively adjust their plans back to the beginning of January.
That's not how good policy is done. Typically, you implement a tax change, particularly in the case of an increase, before it actually takes effect. In this case, we're making people live by laws that were not even in place when they took effect. I think that at the very least the government could push implementation back to the beginning of next year to give family businesses the ability to plan ahead.
Thank you.