Mr. Speaker, the economy remains our government's top priority. Since July 2009, Canada's economy has created 460,000 new jobs. In order to sustain this growth, we need to continue supporting job-creating businesses.
Since our government was first elected, we have lowered the small business tax rate to 11%, raised the amount that small businesses can claim under this rate to $500,000 and raised the lifetime capital gains exemption to $750,000. This was particularly welcomed by the owners of family farms who wish to transition their businesses--