Thinking about it quickly, what we're looking at would be in equal thirds. Generally, when we're looking at long-term projects, we're probably venturing out on a limb with some questions that we're trying to answer, which are very important and more encompassing of the whole canola industry.
On short-term projects, it's as if one is able to see the end already and has a pretty good idea of what is going to happen, but maybe also trying to capitalize on some of the findings from the long-term projects. So it's more than likely that the short-term projects will be more commercialized.
In discussions in our committee, we always want to be sure to allocate some dollars to projects that we sometimes feel are a very long shot. But we need to be able to take risks out there, because although we might come to the end of a project and not have figured out a whole lot, at times it will indicate to farmers, “Do not venture that way”, and avoids unnecessary risk for producers. So it is very important that we look for success, but we need to figure on there being a certain number of failures that might in fact be valuable to the whole industry.
Sometimes we may be even a little too conscious of trying to find the big diamond out there, and we also need to make sure that we are careful in our risk management.