Thank you so much, Mr. Chair.
I just want to thank everyone for their excellent presentations—particularly you, Mr. Mansfield. I think this was the closest that I could actually understand in layperson's terms exactly what we're talking about today, even though you should know I am the daughter of a farmer. However, I am a downtown Torontonian, born and bred, so I cannot pretend that I know the workings of anything to do with transfers.
I will tell you my bias. I really would love to find a way for these intergenerational transfers to happen in a fair and more affordable way.
My questions are directed in terms of how there must be some reason why this has come before the House of Commons as a private member's bill three or four times but has not passed. I'd like to start trying to figure out how we can address some of those roadblocks.
Mr. Wark, I'm going to start with you and just continue along the lines of what the chair was asking you previously, where you indicated that there were probably some concerns within Finance in terms of guardrails and limitations. Do you have any specific recommendations about what additional guardrails we can put into place that might actually strengthen this bill and address Finance's considerations?