Sure, Mike.
In response to biofuels, it's a big opportunity for Canadian farmers, but I want to predicate that the announcements we've heard from Federated Co-operatives and others is that there are not yet shovels in the ground. They are predicated on getting the clean fuel regulations correct, which will be at CGII, Canada Gazette II, any time now.
At the farmer level, we still have outstanding concerns about the land use and biodiversity criteria for farmers. I'm hoping that we can continue.... Mike can grow his canola and sell it to a processor or grain elevator. That's really important. We've been kind of languishing while awaiting the announcement on how Canada is going to regulate gene editing. We understand that it's positive, but we've been waiting on announcements since November 2021. That's another key tool in that innovation tool box.
There are concerns about what's happening with the pest management regulatory agency and the government's approach to the regulation of crop protection products. There's not one thing. We could go on.
Canada is the global leader in canola. We control about 60% of the world's trade, but we need those innovations. We need a regulatory market that's predictable and timely, and we need science to be at the forefront of all of these decisions.
Thank you.