Thank you for the question.
Ensuring safe, quality food remains a priority for agricultural production in Canada. Canadian farmers have long grown food and raised commodities for a range of different end uses, including energy use, without compromising food security for Canadians and for customers around the world as well. It's not as much a debate about food versus fuel but about how to have that balance of food and fuel.
In Canada, we're not expecting the clean fuel regulations to drive any shift in land use or crop production. We don't expect a change in the price of agricultural commodities due to the increased demand for low-carbon fuels either. We anticipate that there will just be more domestic marketing opportunities, which means some Canadian grains that would normally be exported could be processed in Canada, for example, with value-added jobs that improve Canadian incomes.
Also, analysis is showing that we don't have any measurable impact on food prices for Canadians, so I think that's another important consideration.
As you mentioned, crops such as corn and canola will continue to be transformed into low-carbon fuels, but increasingly there are more agricultural by-products, such as animal fats, that are important feedstocks for biofuels and biodiesel. These products would otherwise be discarded, so I think that's another way to help look for opportunities to contribute to more of a circular economy, and that's more the direction things are heading.