I think the innovation that's happening is in the systems to collect materials and the systems to recycle them. The officials from Environment Canada mentioned 80 core players in the Canadian market that are recycling plastics. They're bringing new technologies to bear on recycling plastics, and some very innovative stuff in the chemical and mechanical recycling of plastics.
What they suffer from is that they don't have the skill right now to operate commercially. They can't get a supply of recycled plastics—plastics to actually recycle—and there's no demand for what they're producing, because what they produce competes with virgin plastic resins made from fossil fuels, which are very cheap today.
What we can do is bring these policies in place—the extended producer responsibility and the recycled content rules—which will allow them to commercialize and scale these recycling technologies. Canada has a very sophisticated petrochemical sector. The plastics recycling sector is a subsector of the petrochemical industry. We have technologies to produce green plastics—that's producing plastics from carbon capture. All of those things need scaling, and scaling is going to come from these policies, to create a supply of recycled plastics and a demand for green plastics, whether recycled or produced from renewable chemistry.
I think the committee would benefit dramatically from hearing about some of these innovations that are occurring, what the barriers are in the market economy today, and what the federal and provincial governments can do to set a new trajectory for the plastics economy, which is going to grow. We should be deriving all of the economic benefit, but without the waste. There are some key policy interventions that Mike described—they're in our paper—that will set us on that trajectory.