Look, I guess there are two inequities that I observe. One that your bill is trying to tackle is the fact that you really should be able to sell to family members the same way you can sell to the general public and, for what it's worth, I'll point out that the mandate letters for the Ministers of Finance and Agriculture included that commitment as well, and I certainly have hope and will be cheering for our government to make good on those commitments.
The other inequity I see stems from the difference between creating favourable tax circumstances for someone to transfer a company to their kids when, if that same business is owned personally, like the inshore fishing operations I referred to, they won't necessarily benefit from those same advantages. One of the things the proposed bill does in the amendments to section 84.1 of the Income Tax Act, which is essentially trying to restrict access in certain ways to the lifetime capital gains exemption, is that if you actually sell your shares in a company to your child—you sell to them personally, not to a company they own—they have access to a lifetime capital gains exemption.
I'm curious if your view is that there would somehow be an opportunity through the measures included in your proposed bill that would actually give better access to the lifetime capital gains exemption than somebody might have if they sell it to their kid, who might not own a company but would rather take the assets or shares personally.