Madam Speaker, Theo Kusters and his wife Gertie immigrated to Canada and have worked hard all their lives. They run a dairy farm in my riding with their son, Martin, and daughter-in-law, Elsie.
Theo was planning on passing his business on to his son, but under the new Liberal tax grab, the tax bill for retiring farmers will be significantly higher if they sell to their son than to a large corporate entity. Why has the finance minister designed a tax system in which Theo's family will pay significantly higher taxes, while the family fortunes of the Prime Minister and the finance minister will not be touched. How is that fair?