Finance committee  The measure for farming and fishing businesses applies in relation to two existing tax measures: the lifetime capital gains exemption and the rollover for children and grandchildren. Those are the main applications for the measure.

Finance committee  Once again, I apologize. I didn't quite understand your question. This is in relation to the income tax on split income, the existing rules of long standing. The measured target situations are where the parent is earning income from a partnership or trust—it could be another ad

Finance committee  I'm not sure that we have the number of affected individuals. We do have the revenue figure. It's a revenue gain of approximately $35 million per year.

Finance committee  The application of the top rate for trust is a long-standing measure since 1972. The presumption behind that rate choice, as I understand it, is that typically trusts are used by sophisticated, higher net-worth taxpayers who would, if they earned the income directly, likely be pa