I am sure you know that that has been a crusade of ours in Quebec for several years. The long-term effect of the situation, which is more and more common, is that young people will never have agricultural assets, just as you just said. They will never be owners, just tenants. Basically, we are going back to feudal times when we just worked the land for someone else. To me, that is not the solution.
As I told you just now, agricultural land is the only capital producers have in order to invest in their businesses. When land costs increase quickly but revenues do not, it’s a problem. The witness mentioned that just now.
Carrying debt is not so serious as long as revenues are coming in. Currently, however, that is not what we are seeing. The value of agricultural assets, most of which are made up of land, has increased by 158%, while agricultural revenues have increased only slightly, by 1.04% in the last 10 years. The gap is really out of proportion.