Indeed. I'm disappointed, too.
In its last budget implementation bill before the next election, the government did not address intergenerational business transfers, a problem it has had for the past four years. It dedicated only one paragraph in its budget speech to this to say that it would study the issue further.
I commend the accounting firm MNP for clearly explaining in its brief the tax penalties faced by Canadian business owners when they transfer the business to a family member. The Liberal government has been saying for four years that it wants to address this tax unfairness, but it has not, which is another big disappointment.
Ms. Lidder and Ms. Drever, what do you think about this other missed opportunity? Why would it be important to address this issue without further delay, given all the demographic concerns and the number of companies that come to you for consultation regarding a transfer to the next generation?