Mr. Speaker, Ontario farmer, Mark Wales, wants to know why, under the new tax rules, it would not make financial sense for a farmer to sell to his own children as opposed to an unrelated third party. These Liberal changes are a direct attack on the family and future generations of farmers like those in my riding of Leeds—Grenville—Thousand Islands and Rideau Lakes. How is that fair when the finance minister's family company in Barbados is left untouched?
In the House of Commons on October 6th, 2017. See this statement in context.