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Agriculture committee I think you've listened well, based on your questioning. You've summed it up. One thread that I want to highlight in closing is, don't make agricultural policy into a social policy to save rural communities.
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee I'd love to respond to that one.
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee That would be an immense help to our little start-up business. My history in agriculture goes away back to the policies of our good friends in Quebec. But recently Ontario and Alberta are putting more money provincially into the biofuels business. We had a nice price model two
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee Well, they're working on it.
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee I did my master's thesis on rapeseed, when it was rapeseed. What they did to canola was take all the good agronomy, took the bad stuff out of it, and left the mustards alone. Now they're just going back—The Saskatoon program with Ag Canada is doing phenomenal leaps and bounds in
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee Basically, it will be fixed contract pricing based on—if you can ever track them down—commodity markets from out west. We're in a unique situation; we don't have ready access to commodity trading, so everything we do on the oilseeds side certainly starts out, actually, with Chica
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee It's Hamilton and Windsor. There's no other opportunity, other than our modest little facility in New Brunswick, to access a place that can actually crush oilseeds.
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee Well, we started out with soybeans; we will probably be focusing in on canola. We're actually aiming toward mustard as the product that will probably fit our market, because you can't take the high-value food oil canola commodity that Canada prides itself on and make an industria
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee It's about 36% to 40%.
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee It's coming, yes.
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee They have a pool of money and pay every new producer so much. Last year it was 20¢ for capital investment. In addition to that, there's a blenders credit.
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee I've often said that one of the simplest things would be to just watch U.S. policy, because they seem to have it figured out. With this blenders credit thing, if you check it out and watch what's going to happen, there are not going to be loan deficiency payments on corn, becau
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee I have just one point. I believe a lot of producers, particularly some of the individuals I've dealt with in the east here, are forgetting that the consumer does not want to go to the store and pick up a 10-pound bag of dirty potatoes, take them home, throw them under the sink,
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee The success of that so-called integrated corporation or corporate structure is—Whether it's a company or a cooperative doesn't really matter; it's just a legal term. The principle is that somebody has to seek investment, and if you have investor confidence in what you're doing yo
April 24th, 2007Committee meeting
Ray Carmichael
Agriculture committee It's 25%.
April 24th, 2007Committee meeting
Ray Carmichael