Finance committee  Well, with regard to consolidation, 97% of my members are still family farms. Yes, a growing number of those are incorporated corporations, but they are still family-run farms. In terms of the larger successful farms you're speaking of, I think everybody takes advantage of the tr

Finance committee  Yes. Specifically, we were asking for a language change in the Income Tax Act—and if I'm going to get really technical, under subsection 73(3)—to replace the word “child” with “family member”. If I want to transfer that piece of land to my nephew or my uncle, I'm—

Finance committee  —yes, or my daughter or my sister, that's right—I would face tax implications if I were to do that, if I were to transfer to my daughter or my sister. That's simply what we're saying there.

Finance committee  I'll jump in and add to Penny's comments and say that we're looking for a revenue-neutral model. As long as the money that is captured through carbon tax is used to reinvest in clean technologies.... I can only speak for my sector, but in the agricultural sector we're doing a lot

Finance committee  Prince Edward Island farm operators are aging. The average age of a farmer on P.E.I., according to the 2011 census of agriculture, is 54.2 years, which is slightly higher than the rest of Canada. This means many farmers are looking for a way to transfer their capital-intensive fa

Finance committee  Now we'll address the third area, which deals with market access opportunities. To leverage the trade opportunities currently available to producers, industry and government must invest in the development of a strategic market access vision for the sector. This would include a

International Trade committee  I think the perils of not signing and being outside the world's largest market outweigh the issues that we've outlined. As I've said, PEIFA has the very same position you do. We represent both offensive and defensive interests, and as a whole, we are in support of signing this a

International Trade committee  Yes.

International Trade committee  Obviously, we would keep the free trade agreements we have with the U.S. and Mexico, which are our two largest. There are large benefits for our beef and pork sectors, in particular in Japan. There are opportunities in Australia and New Zealand as well, but I don't think it's any

International Trade committee  I think we have to work very closely in collaboration with our largest trading partner. I think the idea that the U.S. will walk away altogether is.... I don't know if I want to say it's unlikely, but it depends on who wins, I guess. This is all pure speculation. I would agree wi

International Trade committee  —85% of GDP. If the U.S. does not ratify it, that would be a significant hit if that actually happens.

International Trade committee  The PEIFA would like to thank the negotiators for pursuing Canada's interests for both exporter and supply-managed sectors. We understand the pressures they faced throughout the negotiations. The PEIFA is supportive of the outcome of the Trans-Pacific Partnership. Global Affairs