Thank you for that. You're hitting on the key point there. What do we do moving forward?
Plant breeding is at a crossroads. We've demonstrated through surveys of plant breeders that have been published through the University of Saskatchewan the impact this has had on our ability to bring new varieties to market and how we move forward in a way that makes Canada both interesting for R and D investment and then commercialization. As Dennis mentioned, we're seeing global regulatory trends in Argentina, Australia and Japan that have detailed regulatory approaches and that are very amenable to innovation. We need to catch up with those science-based, risk-based regulatory trends.
As Dennis said, we hope there's an opportunity here for Canada. CFIA and Health Canada have both announced public consultations on revised models, starting in January. Here's a real opportunity for us to prepare our regulatory system, our programs, for the next 20 years of plant breeding innovation so that we can continue to see the great successes we've seen in canola and soybean over the last 20 years.
The answers are there. They've been followed by other countries in the last five years, and looking at those models and integrating them into Canada is how we'll be able to maintain safety and risk base but also be competitive with other jurisdictions.