Agriculture committee  Yes. I purchased my farm in 1965. I paid $25,000 for it. My farm is worth $500,000 today. When we started, my family was able to scrape together $12,000 for a down payment and we could carry the $12,000 mortgage. When my son bought his farm this year, as a family we couldn't sc

Agriculture committee  Yes, and I guess that's just further to my comment with regard to being able to transfer to siblings and nieces and nephews, as long as those siblings and nieces and nephews continue in farming. I think it shouldn't be used as a tax shelter or anything of that nature, but I think

Agriculture committee  My son applied through the Ontario Milk Marketing Board and our application was successful. He got 12 kilograms of quota. He doesn't have to pay anything for that quota, and after five years he has to give one kilogram back and he's expected to buy it at that time. It's actually

Agriculture committee  Yes. In doing income tax for small businesses and for farmers, there's no separation of personal and business with regard to the farmer. I guess that in small businesses, whenever the kids are coming up, they're paid a salary and you don't see that in the farm community. It's br

Agriculture committee  I would add that the profit doesn't have to be as great as the other sector: there's a desire to farm.

Agriculture committee  I think the young generation are prepared to take less as long as they have the comfort of knowing that they can have a lifestyle that they want.

Agriculture committee  The one advantage with regard to supply management is that there is mandatory level of production. I guess the challenge in the beef business has been oversupply, and it's very difficult to take taxpayers' money to support an industry that is being exported to the level that it i

Agriculture committee  As I think you have heard from all the speakers, farming is intergenerational, passed on from one generation to the next. My grandfather emigrated to Canada in 1888. He was a farmer when he came, and he remained a farmer. My grandfather farmed all of his life. My father started f