There were some measures taken in earlier budgets to allow for intergenerational transfers. The issue becomes that, because of the size of farming operations now and because they're multi-generational or large family operations, our businesses are becoming incorporated. We are all small businesses, but we're becoming incorporated because it makes good business sense.
Under the current tax laws for transfer, it's become easier to sell to a stranger than it is to the family, because the capital gains exemption applies specifically to a sole owner, let's say. When you have several siblings or several family members who are all involved in the business and are owners, you lose that capital gains exemption.
As I said, it's easier to transfer the farm to an individual who is not a family member than to keep it in the family. We're looking for some adjustments in the tax act that will allow for that intergenerational transfer and still allow the capital cost exemption to apply.