Bill C-30 (39th Parliament, 1st Session) committee  To be brief, it's hard to put an opinion on exactly what the dollar value is, but there's going to be an impact on grain prices locally. Particularly in the local region, there will be a boost to the local grain prices, which means new revenue for farmers. There will also be an i

Bill C-30 (39th Parliament, 1st Session) committee  There's no question about it.

Bill C-30 (39th Parliament, 1st Session) committee  There's one for ethanol and one for biodiesel--10¢ for ethanol and 20¢ for biodiesel. What we had proposed was a refundable tax credit program.

Bill C-30 (39th Parliament, 1st Session) committee  We've suggested that it go directly to the ethanol and biodiesel producers, but clearly there's going to be a spin-off benefit to the agriculture sector. In our project, we have hundreds of farmers who have invested in those projects who will benefit from those.

Bill C-30 (39th Parliament, 1st Session) committee  Thanks for the question. You're right. Under the current tax regime, there's a federal excise tax exemption on ethanol in Canada. That tax exemption applies equally to all ethanol, whether it's Brazilian, American, or Canadian, because the tax code cannot discriminate under int

Bill C-30 (39th Parliament, 1st Session) committee  Our advice to the government and our recommendation to anyone is that the renewable fuels mandate, if you will, should be flexible. If oil companies are required to contain 5% ethanol in their gasoline, then it should be up to them and the marketplace to determine where they put

Bill C-30 (39th Parliament, 1st Session) committee  It is, but there is a benefit, and that's undeniable.

Bill C-30 (39th Parliament, 1st Session) committee  Right. The answer is I don't know. I hope they will. The budget's on March 19, and we hope—

Bill C-30 (39th Parliament, 1st Session) committee  It's absolutely critical. The government has proposed a renewable fuel standard of 5% in the gasoline pool, which is great news for us, it's going to create huge demand.

Bill C-30 (39th Parliament, 1st Session) committee  Correct. The real benefit is making sure the plants are built here in Canada, and that's what we hope the budget will achieve.

Bill C-30 (39th Parliament, 1st Session) committee  Thank you for the question. I'm not sure what you're getting at in terms of pollution. In the production process of ethanol the emissions are negligible, and when you see a plume from an ethanol plant it's essentially steam. The waste water that comes from it—

Bill C-30 (39th Parliament, 1st Session) committee  True. When you grow corn or you grow any crop, you use herbicides, pesticides, and fertilizers. The fact of the matter is that the use of those agents for growing crops has been reduced significantly over the years through policies of government, through land management programs,

Bill C-30 (39th Parliament, 1st Session) committee  The answer is absolutely. We do it all the time. Our own plants, from my company, have done a life cycle analysis on them recently, and it shows that there is a significant impact on the reduction of GHGs on a life cycle basis.

Bill C-30 (39th Parliament, 1st Session) committee  Absolutely. Look, we're the first to say ethanol and biodiesel aren't going to solve climate change. There are some exuberant supporters of our industry out there who overstate the environmental benefits of ethanol all the time.

Bill C-30 (39th Parliament, 1st Session) committee  Did you say poppies?