Mr. Speaker, as you are no doubt aware, nearly 75% of Canadians who own small businesses, family farms, and fishing boats want to transfer their business and retire within the next 10 years. However, they face a serious problem if they want to keep their business in the family.
The problem is that, by selling their business to their children, they will have to pay a lot more in taxes than if they were to sell it to strangers. My bill, Bill C-274, seeks to correct this injustice. It has the support of over 120 municipalities, chambers of commerce, and farmer and fisher associations.
Can the government confirm that it will let its members vote freely and according to the will of their constituents?