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Decentralized Democracy

House Hansard - 329

44th Parl. 1st Sess.
June 11, 2024 10:00AM
Context: House Hansard - 329 - Jun/11/24
Mr. Brad Vis (Mission—Matsqui—Fraser Canyon, CPC)
Mr. Speaker, at a time when food insecurity is skyrocketing and millions are lining up at food banks, the government is bringing forward a punishing capital gains tax hike that would disproportionately affect family farms and small business. According to the Grain Growers of Canada, it will amount to a 30% increase on what farmers have to pay Ottawa when they pass on their family business to their son or daughter. The Conservatives have fought hard to preserve family farming, including by passing Bill C-208 in the last Parliament, but the Liberals are trying to undo it with a punishing capital gains tax hike. It is like they are trying to outlaw family businesses. If families cannot afford to farm, it will lead to more industrial farming and higher food costs. Why is the government trying to kill family farms when all they want to do is put high-quality, affordable food on our tables? How is any of this fair?
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Context: House Hansard - 329 - Jun/11/24
Mr. Luc Berthold (Mégantic—L'Érable, CPC)
  • Jun/11/24 2:49:48 p.m.
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Mr. Speaker, after nine years of this Prime Minister, Quebec farmers are crying out for help. Canadian farmers have been clear. They are saying that, by increasing the capital gains inclusion rate to two-thirds, the government is jeopardizing the success of real intergenerational farm transfers to young farmers across Canada. The Prime Minister wants to tax farmers in the midst of a food-pricing crisis. The Prime Minister wants to jeopardize the future of farming in the regions. How is that fair for future generations of farmers?
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