This is from a George Morris Centre study, which was commissioned to specifically look at what would happen if we increased the use of certified seed and how much money would flow and accrue. The George Morris Centre looked at it as if we had a 155% tax credit and moved to the full use of certified seed, as Quebec does. If you're a farmer in Quebec, and you want to be in crop insurance, you plant certified seed. So in this case, I think Quebec is well ahead of the rest of Canada.
According to the study, we would see an increased farm income of $170 million a year, over $60 million in tax revenue, and a return to the economy of just over $600 million. That is only for the eight most recent varieties. We have probably over 100 varieties of the various crops. That's just from the eight varieties. There are huge gains to be made by moving in this direction.
A lot of that money flows back to the public sector researchers. If you're an Ag Canada researcher and you develop a variety, you go to SeCAN, which is a farmer cooperative. They go out and sell it, but the money flows back to those researchers. So it would go back to both the public and private sectors. The public sector as well as the private sector have a lot to gain from this.