As a grower and producer, certainly we recognize that we need that low-level-presence side there—and I'm talking industry-wise, as we were starting to come into. We all recognize that as things come down the pipes—and we're going to see accelerated amounts of biotech that seem to be coming down the pipes—as Michelle said, the event approval side of things needs to be harmonized globally. We need to have policies and positions in place in Canada here. We just can't point the finger at the international community; we have to take charge of our own issues as well.
For a grower, knowing what those limitations or thresholds are, certainly that becomes a management aspect of growing that crop. At the end of the day, if there are dollars and cents, if there's profitability to do that, we will do our utmost to make sure we are inside those parameters. And 5% is kicked around as a number in Japan. There's lots of product that goes off our farm. If it's approved events, we're likely under that 0.1% that we've probably been able to work with.
At the same time, as a grower I look at utilizing that as a competitive advantage against some of the other competitors in the world. If we can have a tolerance level that's fairly acceptable to the consumer, and if we can meet that as a producer, there are a lot of other countries, and if they don't do their homework and have the management systems in place, that's where we have the advantage and that's where we pick up premium.
Basically, we work hard in the Japanese, European, and Asian markets so we can do those types of things, and we've been able to prove it. That's the success of the Canadian soybean industry to date, that we are able to manage those systems.