Thank you.
Certainly there are some benefits coming, and this is really a genomics-based transformational system whereby the new field of genetics, as we understand it, is going to provide a range of new possibilities. I did mention a number of traits that are under tests. Certainly improved water use efficiency or drought tolerance traits are expected to be commercialized within the next three years or so, and they could have a very important impact, certainly, on arid land production, which we have much of in Canada.
There's the question of nutrient use efficiency, particularly nitrogen use efficiency. We spend an awful lot of money on nitrogen fertilizer, and it does take an awful lot of energy to produce and it releases a lot of greenhouse gases. So if we can develop crops that can be more efficient in their use, then we will have less pollution to waterways and so forth. There are traits being tested that involve more efficient use of nitrogen by the plant.
There's seed quality and modification of the components of seeds to include essential fatty acids so that the dietary oils that are being consumed are approaching more the nutritional value of the oils you might receive in a fish oil product. Those types of products, through either soybean or canola, are potentially already under development as well.
We see a lot of opportunity around increasing vigour, the capability of a plant to withstand low temperatures and tolerate frost. There's ongoing work on that. In the Canadian climate there's a lot of variability. We see genomic and genetic tools playing a key role in this.
I might add that there's also the convergence of agriculture and health, the ability to define what's in the diet and to direct it to the human condition, in order to take a preventative approach rather than a treatment approach in terms of our health. I think we have to look at a new paradigm of how we're going to move forward as a society, because our health care costs are immense. So designing the crop to fit human nutrition is really just scratching the surface of that. I see really important opportunities.
The same is the case for environmentally friendly industrial products, from oilseeds, for example, that are renewable--for instance, polymers for automobile replacement parts.
Thank you.