Natural Resources committee  Thank you, Madam. BioPreferred certification in the United States is a good example of the way in which we can inform consumers or users of their choices between, for example, a product from classical petrochemistry, that uses nonrenewable material, and an equivalent product mad

Natural Resources committee  This is a very good question. I'm not sure if other companies or other sectors have applied or have lobbied the government for a similar accreditation. Certainly some companies that I'm aware of have filed BioPreferred products in the U.S. for their own products as well, but I'm

Natural Resources committee  Certainly. If you look at the different certifications throughout the world, many industries and many products are certified. You have a certification for cosmetics, for industrial products. Particularly if you're aimed at the European market, that would give you a tremendous lev

Natural Resources committee  That biosourced product was made by a Canadian company in Sarnia. We had it certified as BioPreferred. The certification was very simple, relatively easy, and opened up markets in the United States for us.

Natural Resources committee  So the same thing could be done in Canada.

Natural Resources committee  If I may, I'd like to draw another parallel. As mentioned earlier, wood is mostly made of sugars. The petrochemical industry has long derived these raw materials—commonly referred to as “monomers”—from oil. Nowadays, technology has made it possible to manufacture those same mono

Natural Resources committee  No problem. Thank you.

Natural Resources committee  I will add something very quickly. It's also important to understand that wood is, among other things, cellulose, but cellulose is sugar. These are simple sugars that can be used in fermentation to produce other substances. Instead of using materials derived from petroleum, for

Natural Resources committee  Mr. Benyagoub, would you like to respond?

Natural Resources committee  Thank you, Mr. Benyagoub. Good afternoon, Mr. Chair and members of the committee. Greetings, as well, to the other participants. Our first recommendation is to introduce tax incentives, such as special tax credits, for the commercialization of bioproducts to make this commerci