I am thrilled with this question. This is exactly the kind of focus that I would love the finance committee to take on to analyze some of these very important areas of public policy.
We did have better provisions in the past for transferring businesses from one generation to the next, but those were wound down. We know that there are concerns in the Department of Finance about potential abuse of some provisions, but I think the spirit of the question you were asking is very much our view too, which is that there are ways to accomplish this, to do this in a light fashion to allow business transfers from one generation to the next without having massive rules, paperwork requirements, and taxation attached to it. We have made some recommendations on that front. Your Liberal colleague Emmanuel Dubourg, somebody who knows this very well given his background as a CRA auditor, put forward, we think, an outstanding piece of legislation in the last Parliament, and we suggest that you and your government bring it forward again.