Mr. Speaker, the owners of small businesses and family farms who want to sell their business to their children are still paying a lot more in taxes than those who want to sell to strangers. That is unfair and completely ridiculous.
The bill I introduced in February 2017 sought to remedy that situation, but the Minister of Finance convinced the Liberals to vote against it by promising he would introduce such a measure in a future budget. Budget 2019 was his third and last chance to do just that, but, for the third time, the finance minister refused to do it. It does not make any sense to punish those who want to keep their business in the family.
Why is the Minister of Finance picking on those families?