In terms of the impact, we were lucky, because we were at the tail end of our five-year review of the organic standards. They were published at the end of March. Our issue is that we have no home right now for those organic standards, so if we find there's any problem with what gets published or what has been published, we don't have any opportunity to open it up.
Currently the government is telling us that we have five years. Well, we actually don't, because we have an aquaculture standard that expires in three years. It's a bit of a crisis for our sector.
In the meantime, the organic equivalency arrangements with our two largest trade partners are up for renewal. The one with the U.S. is this year, as well as the one with the EU. If there's anything in there that they want to carve out as critical variances between our standards and we want to make a change, we have no ability to make that change. It's a pretty big deal for us.
The other thing to mention is that we have no government funding in order to do that. Even though it is a regulated standard and it is tied in to trade agreements around the world, the government currently expects the industry to fund it on our own.
We need permanent standards funding. We need to make sure that we cure this issue. We wrote a letter last month to ask to be stakeholders in part of the conversation about where it gets rehoused, but we have not yet been invited for a meeting. We'd like to see that happen.
