Thanks, Mr. Chair.
I will say one thing about this side at least, and that is that we have an open mind.
Bev, it isn't just two or three farmers on the advance payments program. It is the whole industry.
Now, Blake, I hate to remind you, but in Ontario alone, the Ontario Cattlemen's Association tells me, there could be as much as 50% of the industry in default on that loan effective next June. In Prince Edward Island, it will be 80% in default, and the cases that are trying to get their financing now out to the future in terms of the livestock industry can't get financing because of the ministry's announcement on August 6. I thought it was a good announcement--it was about deferring payments--but when you get into the details, I would say that the Department of Finance is running the Department of Agriculture.
The whole theory behind the emergency advances was that you would go to repayments when conditions were such that advances could be repaid. Well, those conditions are not there yet. I think there is urgency, because the people who are trying to do their refinancing.... I'm dealing with at least two, and if I have two, there are likely thousands. They can't refinance through Farm Credit Corporation because of the problem of repayments that will hit next June. I think that's an urgent and pressing issue that affects especially the industry east of the Manitoba border. It's a little different in the west; the Alberta government made payouts and so on that other farmers haven't been eligible for.
I do see that as an urgent matter. I agree we have to deal with the legislation. We have to deal with Bill C-474, but I think on that one we need to limit the number of meetings. Let's ask the steering committee to prioritize the witness list, to boil it down somewhat, and to ask the remainder to send in written submissions. I think that would be the easiest way to deal with it, and we'll try to take as few meetings as possible on it. That's where we are.