Thank you very much, Mr. Chair. I will be sharing my time with my colleague Mr. Lehoux.
Thank you very much to all the witnesses for appearing here today.
I want to comment on Jake's presentation specifically.
Mr. Ayre, you made the interesting statement that one of the issues with the business risk management is that we're trying to do a one-size-fits-all type of program. You were quite clear, and we'll hear from the cattlemen later on today, that these business risk management programs do not work for all types of farms. I think the pressure is on us to come up with some programs that are flexible for various different commodities. I found your comment quite interesting.
Turning to MNP, I apologize, but I can't remember if it was you, Stuart, or Mr. Funk who mentioned an “arbitrary threshold”, which I found interesting. Many producers and associations have been proposing that the trigger point be raised from 70% to 85% or beyond. However, neither one of you mentioned that in your presentation. I'm just wondering why.
What are your thoughts on the discussion around moving that trigger from 70% to 85%? You mentioned an arbitrary threshold, and those are the only two numbers that people have discussed. I wanted your thoughts on that.