Thanks very much, Mr. Chair.
Thanks, Mr. Maguire, for being here at the finance committee today, and thank you for presenting the bill that Guy Caron worked on so assiduously. I'm sure Mr. Caron is listening in. He continues to be very interested in parliamentary work, and I'm sure he would be very proud of your presentation on behalf of the bill today.
Of course, we supported it to get to committee. This is an important discussion that needs to be held. I think you've put forward very eloquently the fact that it's a penalty right now—a huge penalty—for intergenerational transfers, whether we're talking about small business or farms. It doesn't make sense. It's not logical.
Are you aware of any other country on earth that penalizes a small business transfer within the same family and penalizes the transfer of farms within the same family? My experience with public policy is that virtually every country I'm familiar with actually tries to provide incentives to ensure that they can be transferred, and that family farms can be maintained and family community businesses can be maintained.