Mr. Speaker, I too have great respect for my hon. colleague.
I am not talking about $10 million to $15 million, but rather about $75 million to $90 million. It is Quebec that will have to pay $15 million because of the changes it has made.
My bill eliminates the possibility of tax avoidance thanks to two measures. The first requires the buyer to retain the shares for five years. The Canada Revenue Agency was afraid that, without such a clause, shares would pass from one family member to another. This clause of my bill will make that impossible.
The second clause requires the seller and the buyer to provide an affidavit approved by the Canada Revenue Agency, to ensure that this is in fact a family transfer.
With regard to the estimate from the finance department, honestly, I have never heard of an estimate so high. It makes absolutely no sense. My estimate comes from various tax experts including, for one, Éric Dufour from Grant Thornton.
I recommend that my colleague go and speak to him, since he does not live too far away. He is a great specialist on the family transfer of businesses in Quebec. He estimates that total lost revenue will be between $75 million and $90 million. There will be no tax avoidance.