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Decentralized Democracy

Member of Parliament

Jean-Denis Garon

  • Member of Parliament
  • Member of Parliament
  • Bloc Québécois
  • Mirabel
  • Quebec
  • Voting Attendance: 65%
  • Expenses Last Quarter: $114,073.56

  • Government Page
Context: House Hansard - 190 - May/3/23
Mr. Jean-Denis Garon (Mirabel, BQ)
  • May/3/23 8:59:19 p.m.
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  • Re: Bill S-6 
Madam Speaker, there is the matter of the intergenerational transfer of businesses. That is a very important issue in agriculture. Some legislative amendments were made to change the way capital gains are treated, which makes intergenerational transfers more equitable. Now, many businesses are saying that this transfer has be done gradually. Sometimes, the parents let their children buy shares in the company or family farm bit by bit. That is something that many businesses asked for, but unfortunately, the law does not allow for that practice right now. I am wondering whether the member would like comment on improving the business climate, particularly for family farms.
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