Mr. Speaker, as the hon. member knows, family trusts are also used by many small businesses in order to make sure the business can pass from one generation to the other. Where objections have been raised to family trusts is where it really does entail undue tax advantage for those who are using it. This was a position that many on this side of the House took when in opposition and it is a position that is certainly supportable in debate.
In the House of Commons on February 16th, 1995. See this statement in context.