Thank you, Mr. Chair.
Good afternoon, Mr. Maguire.
First of all, I want to say that I am deeply pleased that you have brought your bill before the House, that it passed second reading and is now before the committee. It is a bill that is very close to my heart, as it is for my colleagues in the Bloc Québécois.
I'm going to ask you a few questions in order to highlight the concrete purpose of your bill, but before, I'll make a few remarks.
First, a majority of committee members agree with your bill as it seeks to accomplish what was requested in the pre-budget consultation report. In recommendation 116, we asked the government to put this in place. So the committee is overwhelmingly in favour of your bill, and that's very good.
This is also a good case in point because, a few years ago, Quebec introduced a means to encourage the transfer of businesses or farms to the family. It's already in place. As for all the questions that one can legitimately ask, such as the one raised by Mr. Fragiskatos, one realizes that certain measures are easy to put in place to pay less tax. It works well and that is very important.
I remember Mr. Caron introducing the bill and I take my hat off to him. Also, my colleague Xavier Barsalou-Duval had tabled it. If you remember correctly, a few years ago, it was a Liberal MP for whom I have the greatest respect, Mr. Emmanuel Dubourg, who proposed a bill similar to yours. So it's a bill that has support from all sides.
I'd like you to tell me what your bill actually changes for someone who has a farm and wants to sell it to their children.