I would like to thank everyone for taking time out of their busy schedules to be with us today.
I assure you that many of the comments that have been made are completely consistent with what we've heard over the past year and a half of our agriculture committee meeting with people coming to Ottawa, particularly with respect to the AgriStability program and the failure of what I think they called the “olympic” model and the averaging. As well, there's the absence of harmonization of regulations between us and other countries who don't seem to meet those regulations, or have to comply with regulations that are as onerous, I suppose.
I want to get a better idea of the land value. If I can summarize it, the cost of land has gone up, which makes it difficult for new farmers to buy that land. Others buy that land for recreational or residential purposes and make it impossible for you to rent the land. As I understand it, the third factor is that your parents, or retiring farmers, are more inclined to sell their land because it's really the only return they get on their farming to use to prepare for retirement. So they are more inclined to sell it than pass it down, maybe, to others.
To either David, does that summarize it in a nutshell?